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Worldwide PV growth set to slow in 2024

The number of PV installations around the world grew by an annual average of 28% between 2019 and 2023, including a 56% jump from 2022 to 2023, according to Wood Mackenzie. Growth is not expected from 2024 to 2028, however.

Brazil could produce green hydrogen for $2.87/kg, says consultancy

Sao Paulo-based Clean Energy Latin America says green hydrogen could be produced in Brazil at a levelized cost of hydrogen (LCoH) of $2.87 and $3.56 per kg in some strategic locations.


Brazil imported 7.8 GW of solar modules in H1

Brazilian consultancy Greener says that Brazil imported 7.8 GW of solar modules in the first half of this year, down 21% year on year. However, it says a reduction in distributors’ inventories and module prices could drive up cost competitiveness in the second half.

Brazil added 4.2 GW of distributed solar in H1

Brazil’s distributed PV systems, including installations up to 5 MW in size, have surpassed 22 GW of cumulative capacity. By the end of June, more than 2 million arrays had been deployed nationwide.

Chinese module prices to fall by 15% from Q4 2022 to Q4 2023, says CEA

Solar module prices will be pressured by rising industrial capacity this year, with capacities doubling in the ingot/wafer stages and potentially quadrupling for polysilicon by 2027, according to the latest PV pricing report from Clean Energy Associates (CEA).

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