pv magazine International reports Brazil’s solar module imports reach 7.8 GW in the first half of the year.
Brazil’s solar module imports for the first half of 2023 reached 7.8 GW, a decrease of 19% compared to the same period in 2022, according to Brazilian consultancy Greener. The top suppliers in the Brazilian market were Canadian Solar and JinkoSolar, who together provided 2.4 GW of solar modules. Other leading suppliers included Longi, Risen, JA Solar, Sunova, Eging, Trina, Osda, and DAH Solar. Despite the decline in imports, the demand from large-scale projects offset the slowdown in the distributed-generation PV market, resulting in investments exceeding BRL25 billion ($5.1 billion). The drop in prices and the potential decrease in interest rates also contribute to a more favorable scenario for solar energy investment in Brazil.
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