PV module imports fell by 1% year on year in Brazil in 2023, according to a brand-new report from solar consultancy Greener.
February 19, 2024 Lívia Neves
From pv publication Brazil
Module imports sped up in the 2nd half of 2023, with 9.3 GW imported, after importers stated they had high stocks throughout the very first half, when 8.2 GW were imported. The constant decrease in module costs throughout the year was likewise a motorist for imports, stated Greener.
In the last 3 months of the year alone, 5 GW of imported modules were brought into Brazil– the biggest volume ever taped in a single quarter.
Greener stated China exported around 4 GW to Brazil in November and December. Some of this devices has actually not yet shown up in the nation, and must be shown in volumes for the very first quarter of 2024.
The share of dispersed generation, which in Brazil consists of all PV systems approximately 5 MW in size, reduced from 75% of the yearly imported volume in 2022 to 65% in 2023.
Of the 17.5 GW imported in 2023, 11.4 GW were imported to serve the distributed-generation market, down 2 GW from 2022. This decrease in the distributed-generation market was reduced by development in need for utility-scale tasks, which is anticipated to continue to increase this year.
This material is secured by copyright and might not be recycled. If you wish to work together with us and want to recycle a few of our material, please contact: editors@pv-magazine.com.
