Mexican solar manufacturer Solarever said it wants to invest $1 billion in a new factory in Jalisco and Brazilian PV system provider Sengi Solar said it aims to set up two manufacturing facilities in the states of Paraná and Pernambuco.
Of this new capacity, 8.9 GW may come from distributed generation and 3.2 GW from utility scale solar. By the end of December 2022, the country’s installed solar power should reach 25 GW, according to new figures from Brazilian trade body ABSolar.
The Brazilian authorities have introduced new rules to ensure that PV systems below 5 MW in size will still be eligible for net metering tariffs until 2045. A grid fee for prosumers will go into effect from 2023, but the economic profitability of rooftop PV and small solar parks is expected to remain high.
The country installed around 3GW of new PV systems in the fourth quarter of 2021 alone. Around 8.4GW of the current PV capacity is represented by solar installations not exceeding 5MW in size, and operating under net metering.
The new provisions define clearly what hybrid power plants are and what kind of grid tariffs they should pay. The regulation may be particularly favorable for hybrid wind-solar plants, especially in North-Eastern Brazil, where the grid is not strong enough to support further renewable energy development.
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