January 22 (Renewables Now) - Brazil's installed solar distributed generation (DG) capacity has reached 2 GW, local media reported citing data from the Brazilian Association for Solar Photovoltaic (PV) Energy (ABSOLAR).
Solar PV sources now represent 99.8% of the overall DG capacity in the country, with a total of 171,000 systems connected to the grid. Since 2012, more than BRL 10 billion (USD 2.37bn/EUR 2.14bn) have been invested in this segment.
Residential consumers account for 72.6% of the total solar DG installations. Commercial and rural installations represent 17.99% and 6.25%, respectively.
ABSOLAR's CEO, Rodrigo Sauaia, pointed out the need for a regulatory framework to provide greater security for future investments in small-scale renewables.
ABSOLAR has also developed a National Solar PV Ranking, tracking the capacity installed in each state. Minas Gerais remains the state with the most DG connections, followed by Rio Grande do Sul and Sao Paulo and Parana.
(BRL 1 = USD 0.237/EUR 0.214)