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Update: January 2013
Brazil set the solar industry abuzz in 2012. Brazilian market has not been exempt from the utility-scale solar land-grab. Many sub-1MW projects have been announced to prepare for the upcoming 2014 World Cup and 2016 Olympics.
Update: May 2013
In Brazil, the Electricity Regulatory Agency (Agência Nacional de Energia Elétrica, ANEEL) created its first incentive scheme for operators of private and commercial photovoltaic power plants.
Brazilian government has announced the country's retreat form solar auctions due to the high prices for solar power (US$200 / €150) in comparison to wind (US$101.6 / €76). In this way, government aims to augment generation of solar power.
Brazilian Electricity Regulatory Agency, ANEEL, is to implement two new solar incentive policies to increase the number of PV projects throughout South America. The first change will reduce taxes by 80% on energy produced. The second revision will be directed at increasing demand for small scale systems by creating a true net-metering system for residential and commercial installations.
Historically, Brazil has been slower to promote the use of solar PV having been surpassed by Chile, Peru, and Argentina in terms of promoting large-scale PV power plant development. However, by implementing policies that promote growth across customer segments, Brazil is now positioning itself to be a key driver of PV installations in the South America region.
The Brazilian Electricity Regulatory Agency, ANEEL, has announced proposals to implement two new policies that could drastically increase PV demand in South America’s largest economy. The first policy will introduce an 80% reduction in taxes on energy produced by solar power plants. The second policy involves a net-metering system for smaller scale residential and commercial systems.
NPD Solarbuzz has forecast a year-on-year growth rate of over 350% in 2012, with the prospect of triple-digit growth out to 2014, for South America, surprisingly, to be led by Brazil.
