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Brazil's solar distributed generation is growing strongly
- Aug 13, 2018 -

DC photovoltaic systems.jpg

According to a new report released by Greener Consulting, Brazil, the price of the Brazilian Distributed Generation (DG) system continues to decline, with total installed capacity exceeding 308 MW. In the first half of this year, the newly installed capacity was approximately 126 MW, exceeding the installed capacity for the whole of last year.

The price of DC photovoltaic systems installed under net metering has shown the same downward trend in the past two years.

Greener's report said that between June 2017 and June 2018, the price of a 1 MW photovoltaic system fell even more. For example, the average price of a 4 kW residential solar system dropped from BRL 6.58/W ($1.70/W) 14 months ago to BRL 5.76/W two months ago, a drop of 12.5%. Greener emphasized that the installation cost of the system is BRL2.11, and the average price cost of the system itself is the remaining BRL 3.65. The price of a 50 kW commercial system fell by about 8% year-on-year, from BRL 4.83/W to 4.41/W. Among them, BRL1.52 is the integration cost, and BRL2.89 is the cost of the solar array. The average price of a 1 MW distributed generation system decreased from BRL 4.18/W to BRL 3.78/W, a decrease of 9.5%. The integration cost is BRL1.05 and the equipment cost is BRL2.3.

The report also showed that by the end of June, 32,366 DC photovoltaic systems (total 308.5 MW) had been integrated into the Brazilian power grid, and its capacity increased by 126.5 MW in the first half of this year, exceeding the annual installation of 120.3 MW last year. Of these, 43.8% are commercial equipment and 40% are residential systems.

What is even more impressive in the first half of this year is that the number of imported photovoltaic modules has reached 413.5 MW, of which about 410.5 MW has been sold. In comparison, imports for the full year of 2017 were only 332.6 megawatts, and the number of photovoltaic panels was 297.6 megawatts.

Greener also reported that Sices, Aldo and Renovigi remain the country's largest photovoltaic system installers, while Canadian Solar, JinkoSolar and Risen Energy are the three major component suppliers in the DG sector. Canadian Solar, which has component manufacturing facilities in Brazil, has a 62.1% market share.