{"id":323964,"date":"2023-01-27T15:18:03","date_gmt":"2023-01-27T18:18:03","guid":{"rendered":"https:\/\/anba.com.br\/?p=323964"},"modified":"2023-01-27T15:18:03","modified_gmt":"2023-01-27T18:18:03","slug":"brazil-sees-increase-in-solar-power-ma","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/brazil-sees-increase-in-solar-power-ma\/","title":{"rendered":"Brazil sees increase in solar power M&#038;A"},"content":{"rendered":"<p>S\u00e3o Paulo \u2013 <strong>Solar power<\/strong> business <strong>mergers and acquisitions <\/strong>(M&amp;A) rose by 92% in Brazil last year compared to 2021, from 13 to 25 transactions. So said Redirection International, a consulting firm that specializes in M&amp;A. The survey encompasses all M&amp;A operations involving photovoltaic energy generation and distribution.<\/p>\n<p>In a statement, <strong>Redirection<\/strong> partner and economist <strong>Adam Patterson<\/strong> said the good performance results from the growth of the sector, which accounts for 11.2% of all power produced in the country and has recently become the second largest source of Brazilian energy mix, according to Brazilian Association of Photovoltaic Solar Energy (ABSOLAR).<\/p>\n<p>The economist said that the sector is going through a phase of steady growth and will be marked by M&amp;A transactions with local and foreign companies and <strong>large investment funds<\/strong>. Patterson pointed out that the search for <strong>clean energy<\/strong> is a global trend and Brazil has a large potential for this type of generation.<\/p>\n<p>The factors that boosted the investment attraction to the sector in Brazil include the <strong>legal framework for distributed micro and mini generation<\/strong>, in force since early 2022, and tax incentives for the installment of photovoltaic systems. \u201cThe current legislation brought legal security for investors and M&amp;A to bring large opportunities to fast-track this energy mix transition,\u201d the executive was quoted as saying in the statement released by Redirection.<\/p>\n<p>The installed capacity of photovoltaic systems increased by 84% in Brazil in the past twelve months, from 13 gigawatts (GW) in January 2022 to 23.9 GW in early 2023, ABSOLAR said. The capacity is expected to grow by 42% in 2023 in the country, to 34 GW.<\/p>\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-300853\">\u00a9Marijan Murat\/DPA\/Picture-Alliance\/AFP<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Transactions between photovoltaic energy generation and distribution businesses in Brazil almost doubled last year. Installed capacity grew by 84%.<\/p>\n","protected":false},"author":2316,"featured_media":300853,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[103],"tags":[38273,38272,37790,27596,37791,37797,28330,9267,38274],"class_list":{"0":"post-323964","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-sustainability","8":"tag-brazil-mergers-and-acquisitions","9":"tag-brazil-solar-power","10":"tag-energia-fotovoltaica-en","11":"tag-energia-solar-en-2","12":"tag-energia-solar-brasil-en","13":"tag-photovoltaic-energy","14":"tag-solar-en-2","15":"tag-solar-power","16":"tag-solar-power-mergers-and-acquisitions"},"wps_subtitle":"Transactions between photovoltaic energy generation and distribution businesses in Brazil almost doubled last year. Installed capacity grew by 84%.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/323964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=323964"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/323964\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/300853"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=323964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=323964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=323964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}