Apricum articles

Our view on the latest developments in Brazil.

Brazil’s new legislation to foster investment in distributed solar: A helpful step, yet off target to realize the market’s true potential

Brazil’s new legislation to foster investment in distributed solar: A helpful step, yet off target to realize the market’s true potential

Brazil has made international headlines on political and economic issues lately, most of which did not paint a rosy picture of the country’s current situation. Nonetheless, development of the solar sector is on a promising path, with the successful execution of several large-scale PV auctions and increasing interest from industry players to set up a local value chain.

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Centralized auctions drive growth in Brazil’s utility-scale PV market

Centralized auctions drive growth in Brazil’s utility-scale PV market

Plans to diversify Brazil’s hydro-dominated electricity market continue to move ahead, most recently boosted by the just announced solar tendering rounds. With a clear need for additional power generation capacity (~63 GW by 2022) to satisfy a growing population and economy, opportunities are opening up in Brazil’s expanding solar utility-scale and distributed generation segments.

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