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Emphasizing Brazil's pivotal role in the global solar energy landscape, the latest "Global Market Outlook For Solar Power 2024 – 2028" report by SolarPower Europe underscores Brazil's ascent to the third position among the world's largest solar markets, trailing only China and the United States. This significant milestone not only highlights Brazil's robust commitment to renewable energy but also its strategic advancements in harnessing solar power to meet growing energy demands sustainably. As we navigate the complexities of global energy transitions, Brazil stands poised to exemplify scalable solar integration and innovation. #SolarEnergy #RenewableEnergy #BrazilSolarMarket #EnergyTransition #GlobalSolar

🌞 Who's Leading the Solar Energy Revolution? 🌍 The race to harness solar energy has seen tremendous growth over the past decade. According to recent data from Bruegel on EMBER and Eurostat, China is far ahead, with an impressive installed solar photovoltaic capacity of 393 GW as of 2022. The EU27 follows with 205 GW, and the US holds 113 GW. As we push towards a greener future, it's inspiring to see such significant strides in renewable energy adoption. Let's continue to support and invest in solar energy for a sustainable tomorrow! #SolarEnergy #RenewableEnergy #Sustainability #GreenEnergy #FutureOfEnergy

🌎 Americas Lead Renewable Charge: From Canada to Chile IRENA (INTERNATIONAL RENEWABLE ENERGY AGENCY) is an intergubernamental organization that supports countries in transition to #renewable energies, serving as platform for international cooperation; its 2024 report reveals exciting renewable energy progress across the #Americas: 🍁 Canada: 19% increase in #wind power capacity in 2022 Targeting 90% non-emitting electricity by 2030 🇺🇸 USA: Added 30 GW of #solar capacity in 2022 Now world's 2nd largest solar market 🇲🇽 Mexico: 14 GW installed solar capacity - tops in #LatinAmerica Pioneering large-scale solar projects 🇧🇷 Brazil: Leading South America with 24 GW of wind power Rapidly expanding solar installations You can analyze the full report for your #region and #country statistics.

According to the Global Wind Report 2024 (Global Wind Energy Council (GWEC)), Brazil has achieved remarkable milestones in wind energy. For the third consecutive year, the country set new records, including: ⚡ 4.8 GW of new installed capacity. ⚡ Over 1,000 wind farms in operation. ⚡ Surpassing a total of 30 GW of wind energy installations. Furthermore, Brazil’s electricity matrix now relies on renewable sources for nearly 84% of its #energy, solidifying its position as an international #leader in clean energy transitions. As we move into 2024, it’s crucial to focus on implementation and collaboration. Close cooperation between the public and private sectors, universities, and civil society will be essential to fully harness the potential of the #wind industry and other #renewables. This collective effort can drive economic, ecological, and social transformation in Brazil.

Global solar power capacity surged by 87% in 2023, reaching 1.6 terawatts (TW) worldwide. Solar continues to dominate the renewable sector, making up 78% of the total new capacity added last year. With 447 gigawatts (GW) of new installations, the growth in 2023 alone could power countries like Sweden, the Netherlands, and Greece combined. This remarkable expansion highlights the global shift toward clean energy and the increasing role of solar in driving the transition.Looking ahead, forecasts suggest that annual solar growth could hit 1 TW by 2028, provided that there is sufficient investment and support for flexible energy systems. https://lnkd.in/gGfSiFE9 #SolarEnergy #RenewableEnergy #GlobalSolarGrowth #CleanEnergy #Sustainability #GreenFuture #EnergyTransition #solar

Clean Energy Market Set for Massive Growth! 🌱💡 TL;DR: The global Clean Energy Transition market is expected to soar from $2.4 trillion in 2023 to $3.7 trillion by 2028, achieving a 9.4% CAGR. This surge is fueled by rising investments in renewable energy and advancements in energy storage, despite material supply challenges. Highlights • Significant investment growth in clean energy solutions driven by public and private sectors • Huge demand for renewable sources like solar, wind, and hydro power • Innovations in solid-state and flow batteries enhancing energy storage capabilities • Asia-Pacific leading in growth with robust renewable technology investments • Key players including NextEra Energy, Tesla, and Iberdrola driving market share #CleanEnergy #Sustainability #RenewableEnergy #EnergyStorage #MarketGrowth #GreenTech Article Source: https://lnkd.in/gT7sxYSA

Will renewable energy finally lower electricity costs? For millions of households in rural Germany, the answer will be "yes" in 2025. A new cost distribution for grid expansion will lead to lower electricity prices in areas with significant investments in wind and solar energy. This demonstrates that renewable energy isn't just good for the environment – it can also be economically beneficial. At 4cast, we see this as a crucial development. Accurate energy forecasting ensures that the integration of renewable energy into the grid is both efficient and beneficial, helping to align environmental goals with economic realities. For a deeper look into how data-driven forecasting can support project planning in the wind sector, check out our latest Whitepaper: https://lnkd.in/ehTakAxW. It offers valuable insights for planners looking to optimize their renewable energy projects. #RenewableEnergy #WindPower #EnergyTransition #CleanEnergy #SustainableFuture #4cast

#Chile and #Brazil are making significant strides in energy transition. According to the World Economic Forum, this is largely due to the countries' commitment to the energy transition and their increase in installed renewable energy generation capacity. Over the last 7 years, #AtlasRenewableEnergy has been contributing to both countries' acceleration with a combined installed capacity of more than 4.7 GW, which represents 16 renewable energy plants in development, construction or operational stages. Learn more about these projects and their contribution to a cleaner future for Latin America at: https://lnkd.in/gMHdYyxR 

⚡🌱 In 2023, +50% of the energy produced in Germany came from renewable sources! Among Germany's major green energy projects, the country inaugurated Witznitz☀️ in March. This is Europe's largest solar power plant, expected to generate up to 650 MW. While solar installations doubled in 2023 compared with the previous year, wind power🌬️ remains the leading renewable energy source, accounting for around 30% of the energy mix. Despite its efforts, the country remains Europe's biggest emitter of Co2, partly due to its heavy reliance on coal-fired power stations, which currently account for 30% of the energy mix (lignite and hard coal). Germany plans to switch to 80% energy from sustainable sources by 2030!🌍 #SolarEnergy #SustainableDevelopment #RenewableEnergy

#Spain Accelerates #Photovoltaic Deployment, Approving 25GW Capacity! The Spanish Ministry of Ecological Transition (#MITECO) has recently made a significant announcement, officially green-lighting the construction of approximately 25GW of #solar photovoltaic capacity within the country's borders. This milestone signifies a robust advancement for Spain in the realm of #renewableenergy. The total installed capacity of these approved solar photovoltaic projects amounts to 24,870MW, dispersed across 239 distinct initiatives. Notably, MITECO has granted administrative construction authorizations (#AACs) for a comprehensive total of 283 renewable energy generation projects, with solar projects dominating the contracted capacity, accounting for an impressive 90% share. By the close of 2023, Spain's installed photovoltaic capacity is projected to surpass the 25.5GW mark. Nevertheless, to meet the ambitious targets outlined in the National Energy and Climate Plan (#NECP), an additional 50GW of installed capacity will be imperative in the coming years. ☀ #solar #energy #RenewableEnergy #SolarEnergy #Innovation #newenergy #solarpv #technology #solarenergy #renewableenergy #greenenergy