According to a recent report from Brazilian consultancy Greener, the country imported 4.76 GW last year. Domestic PV module makers had a 3.8% market share with around 190 MW in shipped modules. The analyst also revealed that prices for distributed generation PV systems rose by 20% in 2020.
According to a recent report from Brazilian consultancy Greener, the country imported 1.61 GW of panels in the first quarter and 877 MW in the second. Domestic PV module makers had a 4.4% market share with around 100 MW in shipped modules in the first half of the year. The analysts claim these figures show the Brazilian PV market has not been affected by the Covid-19 crisis.
The nation’s thriving distributed generation market is flying, as was evident at last week’s Intersolar South America trade show. The sector seems unconcerned by mooted changes to net metering incentives in the new year and when even an environmental non-believer like President Bolsonaro is on side, it is difficult to be pessimistic.
The cumulative capacity of 5 MW-or-smaller solar systems has reached 958 MW in Brazil, according to consultancy Greener. Around a third of that capacity was installed in the first half of this year, with projects relying on half-cell and PERC modules making up the largest share.
New PV installations under the nation’s net metering scheme grew 137% year-on-year from January to March, according to consultancy Greener, and module imports registered even greater growth, signalling activity in the distributed generation segment is increasing at a faster pace. With the regulator mooting changes to the net metering regime, however, it may reflect customers rushing to secure current tariffs.
According to a new report published by consultancy Greener, the price of DG systems keeps falling in Brazil and total installed capacity has surpassed 308 MW. In the first half of the year, newly installed capacity was around 126 MW – more than the country installed in all of last year.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.