Photovoltaic Power Generation: A New Bright Spot for Cooperation between China and Brazil

Recently, more and more schools in the Brazilian state of Rio Grande do Sul have begun to introduce photovoltaic power generation equipment. Andre Lemes, director of the State Department of Education, said that this move can reduce energy consumption and is an important means of sustainable development, but also allows students to understand the importance of solar energy. Photovoltaic power generation has entered the campus and has become a microcosm of the rapid development of the photovoltaic industry in Brazil.

According to data from the Brazilian Solar Energy Association, the cumulative installed capacity of photovoltaics in Brazil in 2017 has grown by leaps and bounds, from 87.7 MW to 1 GW, enough to supply 2 million households. In November last year, the largest solar park in Latin America was completed in Piauui, in the northeast of Brazil. A total of 930,000 solar panels were installed in the park, with an installed capacity of 292 megawatts. However, despite its strong expansion, Brazil’s photovoltaic power generation is still in its infancy compared with other countries, currently accounting for only nearly 1% of Brazil’s total electricity generation.

Brazil has long relied on hydroelectric power generation. Due to the vast territory of Brazil, the energy center is far from the load center, and the cost of distribution of hydropower transmission is relatively high. Some analysts pointed out that in 2017, Brazil's economy will stabilize and its power demand will continue to increase in the future. According to Brazilian media, with the continuous development of global photovoltaic technology, the cost of photovoltaic power generation in Brazil has been greatly reduced and will be very competitive in the future. In fact, Brazil's development of the photovoltaic industry is uniquely advantageous. Most of Brazil is located in the tropics, with long sunshine hours and high intensity. It is estimated that by 2040, Brazil's photovoltaic power generation will account for 32% of its total power generation.

In order to attract more companies to participate in the development of the photovoltaic industry, the Brazilian government has adopted incentive policies such as the solar project auction system, tax deductions and exemptions, and strengthened investment. It is expected that in the next 10 years, the Brazilian photovoltaic industry will usher in rapid development. A report recently released by the United Nations pointed out that developing countries have invested more in renewable energy than in developed countries, of which China, India, and Brazil account for more than half of global investment in renewable energy in 2017. Brazil invests 6 billion U.S. dollars, of which about 2.1 billion U.S. dollars are invested in solar energy. Solar cable and other power cable will be needed in this cooperation ,welcome any cable inquiry to our company .