According to GlobalData, solar PV accounted for 18% of Brazil’s total installed power generation capacity and 8% of total power generation in 2023. GlobalData uses proprietary data and analytics to provide a complete picture of this market in its Brazil Solar PV Analysis: Market Outlook to 2035 report. Buy the report here.
Installed capacity is forecast to increase from 2024 to 2035, at which point solar PV is expected to account for 50% of total installed generation capacity.
For more detailed analysis of the solar PV sector in Brazil, buy the report here.
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