Brazil hits 40 GW milestone
Brazil has surpassed 40 GW of operational installed PV capacity, according to new figures from the ABSolar association.
The trade body said that around 27.5 GW of the installed capacity comes from distributed-generation PV systems, which include all installations up to 5 MW in size in Brazil.
Small microgeneration plants, up to 75 kW in size, represent 22.7 GW of the total, distributed across 2.4 million systems.
Brazil set to widen lead as cleanest major power sector
LITTLETON, Colorado, Oct 11 (Reuters) – Brazil generated nearly 93% of its electricity from clean sources during the first nine months of 2023, up more than 2 percentage points from the same period in 2022 and the largest clean-power share among major economies.
France has historically boasted the cleanest power sector among top economies, but has lost ground to Brazil over the past year or so due to reduced nuclear power output in France and sharp increases in solar and wind generation in Brazil, data from the Ember think tank shows.
Green energy capacity growth in 2023 will extend Brazil’s lead, revealing that it is possible to boost both clean and total power generation despite economic headwinds in the form of rising interest rates, patchy consumer demand and strained supply chains.
SOLAR OUTSHINES HYDRO
Brazil’s massive hydro power facilities have formed the backbone of its energy system for decades, and hydro accounts for about 68% of its total electricity generation in 2023. But the chief source of renewable power growth has been the solar sector, which boosted electricity output by more than 75% over the first 9 months of 2023 from the same period in 2022.
Brazil’s Electric Vehicle Revolution Continues as Sales Set to Surge by 60% in 2024
A Paradigm Shift in the Making
In a country known for its love affair with internal combustion engines and abundant supplies of sugarcane-derived ethanol, Brazil is on the cusp of a green automotive revolution. The wheels of change are turning rapidly as sales of fully electric and hybrid vehicles are poised to soar by a staggering 60% this year, a forecast by the Brazilian Association of Electric Vehicles (ABVE) reveals.
ABVE, representing prominent electric automakers such as Chinese giants BYD and Great Wall Motor Co, has predicted that Brazil’s total sales of electric vehicles (EVs) will surpass 150,000 units in 2024. This ambitious projection comes hot on the heels of a remarkable 91% surge in sales, totaling 93,927 EVs, recorded in 2023. Brazil seems determined to embrace the electric future as the world grapples with climate change and the urgency to reduce greenhouse gas emissions.
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Open Thread Non-Petroleum, March 8, 2024 – Peak Oil Barrel |
