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With a daily solar radiance: 4.500 to 6.300 Wh/m² (Atlas Brasileiro de Energia Solar), it is 5th place in world solar radiance potential.
By 2040, PV rooftop in Brazil is expected to account for 20% of the country electricity (Bloomberg New Energy Outlook 2017)
PV has entered the country political agenda, with the Brazilian Ten Year Energy Expansion Plan issued in July 2017 projecting 13GW of solar installed capacity by 2026.
Regulation of the market has set a positive framework for the sector to operate in a healthy and self-sustained way.
In 2018, Brazil has reached the milestone of a total installed PV power of 2 GW connectec to the grid.
In 2019, it is expected accelerated growth surpassing 3 GW by the end of the year.