Stage set for Brazilian manufacturing expansion
Brazil’s hot demand for solar is set to accelerate the country toward a spot in the top five global PV markets. But despite a once significant domestic manufacturing presence backed by local content requirements for project financing, Brazil faces challenges in growing its manufacturing base beyond a small percentage of its total PV installed each year. pv magazine’s Beatriz Santos reports.
The Brazilian PV market is hot. This August, the country surpassed 17 GW of total installed capacity. It should reach 25 GW by the end of the year, according to figures from the Brazilian trade body ABSolar – on track to become one of the top five global markets by 2026.The country once saw a …
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