Friday, November 21, 2014

Brazil: This is what happens when bidders all forward-price aggressively. No Installs until Install price declines 1-2 years.

Brazil has added about 12.9 MW of new PV capacity so far this year

 

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21.11.2014: Brazil had a cumulative installed PV capacity of 18.93 MW as of Nov. 20, 2014, according to the latest statistics from the country’s energy regulator Agência Nacional de Energia Elétrica (ANEEL). Of the 281 PV systems installed in Brazil, however, only 14.93 MW of those systems are currently online, while the remaining 4.0 MW is awaiting regulatory authorization to begin operation. Brazil's installed PV capacity as of Oct. 20, 2014 was 18.38 MW. This means that in the past 30 days, only 50 kW of PV systems were installed in Brazil. At the end of 2013, Brazil had a cumulative installed PV capacity of around 6 MW. ANEEL’s statistics also reveal that, despite the high number of large-scale PV projects announced in Brazil over the past 2 years, no PV project is currently under construction and only one 30 MW solar project is officially under development, despite the fact that construction on the project has not yet begun. PV power currently accounts for just 0.01% of Brazil’s total generation capacity, which currently stands at 132.4 GW. © PHOTON

http://www.aneel.gov.br

http://www.aneel.gov.br/aplicacoes/capacidadebrasil/capacidadebrasil.cfm

 

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