Recently, the Brazilian Photovoltaic Association announced that in the past two months, Brazil has added 1GW of photovoltaic installed capacity, which means that the cumulative photovoltaic installed capacity of the most active photovoltaic market in South America has exceeded the 9GW mark.
In the past year and a half, distributed photovoltaics have made considerable progress in the Brazilian market, and at the same time, more and more power purchase agreements have been signed by large-scale ground power stations. By the end of 2020, Brazil's distributed photovoltaic capacity has reached 5GW, occupying most of the market share. In 2020 alone, distributed photovoltaic capacity will increase by 4.4GW, accounting for 59% of the total annual new capacity.
Although the Brazilian government plans to abolish all wind and solar new project subsidies in 2022, with the continuous outbreak of distributed and large-scale ground-based photovoltaic power plant applications and development, Brazil's photovoltaic installed capacity in 2021 is very likely to reach a new high.
Reprinted Polaris Solar Photovoltaic Network Statement