São Paulo, Brazil, August 29, 2024 — The three-day Intersolar South America 2024 exhibition in São Paulo's Expo Center Norte came to a successful conclusion today. As the largest and most influential solar energy event in Latin America, the exhibition not only gathered the world's top solar photovoltaic technologies and products but also attracted numerous industry experts, corporate representatives, and professional visitors to jointly explore the future development trends of the solar industry, injecting new vitality into the renewable energy transformation in Latin America.
With the theme of "Green Energy, Creating a Shared Future," the exhibition showcased a full range of solar solutions, including photovoltaic cells, modules, system integration, and energy storage technologies. According to the exhibition organizers, the event attracted over 530 exhibitors and more than 50,000 professional visitors from around the world, marking significant growth compared to last year, demonstrating Brazil and Latin America's enthusiasm and expectations for the solar industry.
Concurrently with the exhibition, the Intersolar South America Conference was also successfully held, with renowned experts engaging in in-depth exchanges and discussions on industry hot topics. Participants generally agreed that Brazil, as the largest economy in Latin America, boasts abundant natural resources and growing electricity demand, coupled with the government's active policy support, making it a region with immense potential for solar energy development. According to data from the Brazilian Solar Photovoltaic Energy Association (ABSolar), Brazil added over 6GW of new photovoltaic installations in the first five months of 2024, bringing the total installed capacity to over 45.7GW, with solar power accounting for 19.4% of the country's electricity mix.
The Brazilian Electricity Regulatory Agency (ANEEL) and the research institute of the Ministry of Mines and Energy also revealed several favorable news during the exhibition. ANEEL reported that Brazil's photovoltaic installed capacity is growing steadily and plans to introduce more policies in the next three years to facilitate the connection of solar projects to the grid. Furthermore, Brazil has selected 17 projects with a total capacity of 23.6MW for evaluation, aiming to explore technologies and business paths for integrating solar energy into the grid.
Looking ahead, the solar market in Brazil and Latin America is poised for continued prosperity. With the global emphasis on renewable energy and continuous technological advancements, solar energy will become a crucial force driving the region's energy transition. In this context, the importance of solar mounting systems cannot be overstated. They serve as the backbone of any solar installation, ensuring the stability, safety, and long-term performance of photovoltaic panels. The selection of the right mounting solution is paramount, as it directly impacts the energy output, durability, and overall cost-effectiveness of the solar system.
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