Featured in Treasure Islands – 08-2024

Brazil is harvesting the benefits of solar

Agriculture accounts for 21.5% of Brazil’s gross domestic product and 27% of its emissions. PV companies are now targeting an industry that represents 14% of the nation’s small-scale installations. With credit incentives and growing familiarity with the technology, agribusinesses and solar specialists are discovering new opportunities for collaboration.
Agricultural land in the Brazilian states of Bahia and Tocantins is largely cultivated with soybeans. | Photo: Oton Barros/INPE

 Agriculture is a main economic activity of Brazil and is expected to produce BRL 2.46 trillion ($439 billion) of goods in 2024, according to estimates by the Center for Advanced Studies in Applied Economics of the University of São Paulo (USP). The academics estimate that farming will generate BRL 1.65 trillion and livestock BRL 801 …

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