All solar power generators installed under Brazil’s net metering scheme have reached a combined capacity of around 150 MW to date, according to provisional statistics released by the Brazilian solar association, ABSOLAR.
In mid-July, the same association reported that distributed solar generation in Brazil totaled around 140 MW. This means that over the past five months, around 10 MW of new PV systems installed under net metering were connected to the grid in the country.
Overall, ABSOLAR reports, the total renewable energy power generation capacity under net metering has reached around 200 MW.
The association added that there are currently 18,214 solar power generators installed in Brazil under net metering, 42% of which is respresented by residential installations. Industrial and commercial PV systems, meanwhile, have a share of 9% and 39%, respectively. Furthermore, ABSOLAR revealed that PV arrays installed in rural properties and on the rooftops of public entities each have a 5% share.
The president of ABSOLAR, Rodrigo Sauia said the recent growth of the distributed generation business in Brazil was mainly attributable to the drop in prices of PV equipment, as well as to the strong increase in power prices in Brazil over the past two years.
In 2016, new distributed generation PV installations totaled 67.9 MW.
The net metering scheme was introduced by the Brazilian government in 2012. More recently, more financing options for this kind of solar project have been offered, such as specific financing offers linked to regional programs.
In 2016, the Brazilian government also introduced a package of measures to improve net metering conditions at a national level. The measures include, along with better financial conditions for project loans, an increase in the size limit for projects under net metering to 5 MW.
Aneel, the Brazilian electric power regulator, is targeting 1.2 million PV systems under net metering by 2024.