Recently, the Brazilian government introduced new regulations to introduce a new pricing mechanism for the country's distributed photovoltaic electricity prices. In this framework, net metering tariffs will be introduced for PV systems below 5,000 kW until 2045.

The new regulations are expected to take effect in 2023. According to the new regulations, until 2045, distributed photovoltaic systems with an installed capacity of less than 5,000 kilowatts in Brazil will use "net metering tariffs". Rodrigo Sauaia, executive chairman of the Brazilian Solar Energy Association, said that the new regulations strengthen Brazil's regulation of distributed photovoltaic systems and the stability of policy implementation. "In the future, distributed generation in Brazil will account for an increasing proportion of total power generation and will gradually exceed the power generation of utility-scale photovoltaic systems."

It is understood that at present, the total installed capacity of photovoltaic power generation connected to the grid in Brazil is 13 million kilowatts, of which the installed capacity of distributed photovoltaics has reached 8.4 million kilowatts.

The industry generally believes that the new electricity price mechanism will promote the surge of distributed photovoltaic projects in Brazil, and related companies are expected to maintain stable profits.