The Strategic Report: DG Market Brazil | 21st Half of 2022 is the result of the traditional Market Research that Greener has carried out for 6 years with thousands of integrator companies in order to understand the directions of the Photovoltaic Market in Distributed Generation in Brazil and share data and strategic information for the various players in the sector.
This version is a summary of the Study. Check the Full Version using the form on the side.Strategic-Market-Research-Distributed-Generation-DG-1S2022
Check out some of the study’s highlights:
- The import of solar PV equipment to Brazil is accelerating. The quantity demanded by the Brazilian market in the first half of 2022 should generate investments exceeding R$35 billion to meet the needs of distributed generation and large-scale solar PV plants.
- The prices of solar PV systems showed an average decrease of 4.3% in the first half of 2022. Lower sales prices of the equipment in the distribution chain and high competitiveness in the sector were factors that contributed to the reduction of prices to the end consumer.
- A sharp rise in interest rates contributed to a drop in the share of (bank) financing in the sales of PV systems in the first half of 2022. Despite this development, the solar PV sector continues to attract new financial backers to the market, with the number of financial institutions providing credit to the PV sector growing by 30%.
- In spite of the reduction in the value of energy to the final consumer as a result of Complementary Law (LC) 194, which reduces ICMS, investments in Distributed Generation solar power, in general, remain attractive.