According to the latest report of the Brazilian Photovoltaic Industry Association (ABSOLAR), Brazil's cumulative photovoltaic installed capacity has exceeded 55GW (DC), accounting for 22.2% of the country's power installed structure. At present, photovoltaic power generation is second only to hydropower in Brazil's power sources, which accounts for more than 40%.

According to ABSOLAR's report, in 2024, Brazil will add 14.97GW of DC photovoltaic installed capacity, bringing the total installed capacity to 52.88GW, including 37.4GW of distributed photovoltaic and 17.6GW of large ground power stations. Data provided by the Brazilian National Electricity Regulatory Agency (ANEEL) further confirms this development trend. As of February 28, 2025, Brazil's micro and small distributed photovoltaic (MMGD) installed capacity exceeded 37.61GW, with a total of 28.3 million systems connected to the grid, of which residential systems dominate.

The ABSOLAR report pointed out that since 2012, the photovoltaic industry has attracted more than 251.1 billion Brazilian reals (about 43.9 billion US dollars) in investment and created more than 1.6 million jobs. However, the country's photovoltaic industry still faces many challenges, the biggest bottleneck of which is the curtailment of renewable energy, which makes it impossible for companies to obtain compensation, by the grid connection barriers of small-scale photovoltaic systems.