Brazil is expecting to achieve 1.4 GW of solar energy via rooftop installations by 2022 a major increase from the 11 MW currently in operation.
The Brazilian government has set a target of 1.4 GW of distributed solar generation by 2022, but that figure could change depending on how photovoltaic system prices develop.
Mauricio Tolmasquim, president of the government energy-research agency Empresa de Pesquisa Energetica, said on Aug. 1 that the forecast may be included in the country’s 2013-2022 energy plan, which the Ministry of Mines and Energy is currently drafting.
Tolmasquim said the goal that could be modified in accordance with evolving prices of PV systems, adding that the photovoltaic modules had "been getting cheaper and cheaper year after year" and that he did not discount the possibility that installations would be higher than the forecast.
In Brazil, the prices of solar installations are generally higher than in Europe. According to Bloomberg New Energy Finance, the price of solar panels has fallen to $0.83 a watt from about $4 in 2008 and may reach $0.52 by 2020.
Brazil introduced a net metering program last year that went into effect in December. According to the National Electric Energy Agency (Aneel), the scheme has so far only covered a few kilowatts of solar installations.