{"id":60036815,"date":"2024-06-14T10:08:16","date_gmt":"2024-06-14T09:08:16","guid":{"rendered":"https:\/\/dialogue.earth\/?p=60036815"},"modified":"2024-06-27T13:55:20","modified_gmt":"2024-06-27T12:55:20","slug":"solar-power-is-booming-in-brazil-can-it-be-a-boom-for-all","status":"publish","type":"post","link":"https:\/\/dialogue.earth\/en\/energy\/solar-power-is-booming-in-brazil-can-it-be-a-boom-for-all\/","title":{"rendered":"Solar power is booming in Brazil. Can it be a boom for all?"},"content":{"rendered":"\n

Just three years ago, Brazil did not feature among the world\u2019s top producers of solar energy, but by 2023 it had risen to sixth place<\/a> in the rankings. The pace of growth has been notable: since 2022, the country has added, on average, roughly one gigawatt<\/a> of solar capacity every month. Last year, solar overtook<\/a> wind power to become the country\u2019s second-largest source of electricity.<\/p>\n\n\n\n

The only reason this pace has not been faster is Brazil\u2019s sluggish economic performance, which has curbed energy demand, according to Roberto Kishinami, energy and industry manager for the Institute for Climate and Society (ICS), an environmental fund working in Brazil. Between 2019 and 2022, Brazil\u2019s GDP grew by an annual average of 1.5%<\/a>; in 2023, this figure was 2.9%<\/a>. \u201cWhen the sector was planned ten years ago, the expected rate was 3.5%,\u201d he tells Dialogue Earth.<\/p>\n\n\n\n