Brazil

Fully tapping into Latin America’s bullish solar market will require challenging preconceptions around a region that is more stable than is sometimes assumed, local operators have told PV Tech.

A binational integrated solar industry project, announced just over a year ago, aims to build a vertically integrated solar manufacturing industry along the border between Brazil and Paraguay. But the project is now on hold pending an update and reassessment by its new managers.

Atlas Renewable Energy has switched on its second PV plant in Brazil, the 156MWp Juazeiro Solar Plant in the northeastern state of Bahia.

In the early years of the 21st century, distributed generation systems in Latin America were mainly installed off-grid in remote rural areas, writes Maria Chea, solar analyst at IHS Markit. As the El Niño phenomenon and high oil prices continued to exacerbate high electricity prices and power shortages, governments began to turn their attention to distributed generation, including PV systems, to assuage strains on their national grid networks.

Atlas Renewable Energy has landed a long-term PPA agreement with utility Engie Energía, which will help support the development of a 230MW-plus solar farm in Chile.

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.

Of the 38 new renewable energy projects that have been awarded, 13 are PV plants, representing 96.75 MW of capacity. The average price for solar was $57.58/MWh, and the minimum was $54.22/MWh.

The industrial development of the bifacial solar module over the last few years represents one of the most significant events in the world of photovoltaic systems. Today, this technology constitutes one of the most promising trends in the global solar market. During Intersolar South America, Convert will present its bi-facial tracker, an innovative solution to gain more solar energy from the panels.

Jair Bolsonaro has given the green light to a new solar scheme in Brazil’s northeast, marking its launch as he attended the opening of a separate floating project.