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After High Growth In 2022, Imports Of Photovoltaic Modules In Brazil Slowed Down In 2023, According To Greener Study.
The commercialization of **solar panels** in 2023 reached 17.5 GW, showing a slight decline of 1.7% compared to the previous year, according to Greener’s survey.
According to the consultancy, after a strong 2022, with a 70% increase in purchases of **solar panels** produced abroad, the numbers for 2023 signal a stabilization in the photovoltaic solar energy market.
The data also reveals an increase in the last quarter of 2023, when imports exceeded 5 GW – the largest quarterly volume in the historical series.
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Import Of Solar Panels From Brazil From China
In just the months of November and December, Brazil imported almost 4 GW of solar panels from China. Some of this equipment, however, has not yet arrived in Brazil and should reflect in the nationalized volume in the first quarter of 2024.
Participation Of Distributed Generation (GD) In The Annual Import Volume
Overall, there was a 10 percentage points (p.p.) decline in the participation of distributed generation (GD) in the annual import volume of photovoltaic panels. In 2022, self-generated energy accounted for 75% of the market share. In 2023, it fell to 65%.
Retail Sales And Challenges Of The Photovoltaic Solar Energy Market
According to the survey, retail sales (small residential and commercial installations) fell 60% in the first half of 2023 compared to the same period of the previous year, driven, among other factors, by macroeconomic aspects such as difficulties in accessing credit and high-interest rates.
Destination Of Imported Solar Panels
Of the 17.5 GW that entered the country, 11.4 GW were allocated to meet the distributed generation of photovoltaic panels — 2 GW less than in 2022 –, with remote shared generation helping to keep the market active.
Expansion Of Centralized Generation Projects
The centralized generation projects of solar panels saw a boost last year to meet PPAs and self-production contracts signed between 2020 and 2022.
Growth Of Photovoltaic Solar Energy Ventures
Greener’s study estimates 4.2 GW of ventures in operation and/or under construction of photovoltaic panels, indicating progress compared to the 2.3 GW in 2022.
This text was generated from original content about the solar panel market, presenting data on equipment imports, the participation of distributed generation, retail sales, and the growth of the photovoltaic solar energy market.
Source: EPBR
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