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Floating Solar Hits $65/MWh LCOE in Brazil, with up to 24 GW of Potential

Summary by Pv Magazine International
Floating solar could add 17 GW to 24 GW of capacity in Brazil, depending on pricing scenarios, while also reducing water evaporation by up to 50% and conserving water for hydroelectric generation, according to a new study.From pv magazine Brazil The installation of floating solar systems on just 1% of Brazil's hydroelectric reservoirs could add up to 38 GW of capacity to the national grid. This projection comes from a first-of-its-kind study by …
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On Monday (June 2, 2025), the PSR consultancy announced a state that shows an economically viable potential for Brazil to install 17 GW to 24 GW of floating solar plants on the surface of hydroelectric reservoirs. Currently, the installed capacity of solar energy in the country exceeds 55 GW. It is the 2nd largest source in the national territory, representing 22% of Brazilian capacity, taking into account all energy matrices. Registration form…

A PSR study estimates that economic potential varies between 17 GW, in a fixed price scenario, and 24 GW, when considering the historical average of electricity spot prices in Brazil. Floating systems can reduce water evaporation by 30% to 50%, depending on the covered area of the reservoir, contributing to water conservation for hydroelectric generation. The installation of floating solar systems in only 1% of the surface of Brazilian hydroelec…

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pv-magazine-latam.com broke the news in on Monday, June 2, 2025.
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