Latin America is the global frontier for unsubsidised solar markets. With high solar irradiation levels and growing demand, Latin America is positioned to be one of the most attractive regions on the planet for solar development. In line with the September edition of the Latin America PV Playbook from GTM Research, during Q2 2015, 363 MW of PV energy came online across Latin America in utility-scale plants, setting a new record for the region.
During this same period, a total of 3.2 GW of PV projects were announced for the region with a total of 891 MW entering construction phase. By the end of H2 2015, the PV projects pipeline in Latin America will have reached 38.2 GW. As regards the players in the market, SunEdison is the leading developer in Latin America, with 318 MW of capacity in operation. Enel Green Power has the largest pipeline in the region with 1.7 GW.
projects that are interconnected and undergoing testing). Read more…
Article published in: FuturENERGY October 2015