The countries in Latin America have an excellent sun resource, though in many
cases less than ideal topographies for solar installations. The countries of
the region do not generally offer the robust incentives available in other
regions; however, individual countries are now exploring the use of solar and
there are several large projects underway (which may mean pursuing financing)
in the region.
As the market in Europe wanes, the focus by the solar power industry on the
countries in Latin America has increased dramatically. Thus far, announcements
have far outpaced implementation in most countries. Utilities in the region
have announced ambitious plans for new solar projects, but many of the
announcements lack government and/or environmental approval. For example, in
2012, construction had begun on only 4% of the announced 4-GWp of PV projects.
Navigant forecasts that under a conservative scenario, regional demand growth
in Latin America will surpass 750 megawatts (MW) of power by 2014. In a more
aggressive scenario, that figure could surpass 840 MW.
This report provides an overview of regional demand growth for Latin America
from 2011 through 2014. The report details three different forecast scenarios:
reduced incentives, conservative, and accelerated. Five industry application
segments - remote industrial; remote habitation; consumer power;
grid-connected residential, commercial, and utility; and consumer indoor - are
examined in depth, and regulatory and macroeconomic factors influencing the
outlook for solar demand are analyzed for the major countries of the region.
The report also includes forecasts for the market share for each major
application segment through 2021.
Key Questions Addressed:
What are the growth prospects for solar PV in Latin America over the next
several years?
What are the primary metrics for the Latin American solar PV industry?
What factors affect solar PV pricing in the region?
What are the leading short-term indicators for the solar power industry in
Latin America?
What are the major trends for solar technology production, capacity, and
shipments in Latin America?
What are the major trends and developments in Latin America that vendors,
installers, and policymakers should be aware of?
What are the macroeconomic and policy/regulatory factors influencing the
solar PV market in Latin America over the next several years?
Who needs this report?
Solar PV producers
Technology developers
Solar PV installers and project developers
Government agencies and policymakers
Investor community
Table of Contents
Table of Contents
1. Executive Summary
1.1 Introduction
2. Applications
2.1 Application Overview
3. Latin America
3.1 Latin American Market
3.2 Regional Overview
4. Central America
4.1 Overview
4.1.1 Costa Rica
4.1.2 Mexico
5. South America
5.1 Overview
5.1.1 Chile
5.1.2 Argentina
5.1.3 Brazil
5.1.4 Ecuador
6. Caribbean
6.1 Overview
6.1.1 Puerto Rico
7. Company Directory
8. Acronym and Abbreviation List
9. Table of Contents
10. Table of Charts and Figures
11. Assumptions, Notes
List of Charts and Figures
Regional Demand Growth, Reduced Incentives, Conservative, and Accelerated
Forecasts, Latin America: 2011-2014
Application Breakout, Latin America: 2011
Application Breakout, Central America: 2011
Application Breakout, South America: 2011
Application Breakout, Caribbean: 2011
List of Tables
Major Photovoltaic Market Categories
Market Share by Major Application, Historic and Forecasted Percentile
Values 2001-2021
Regional Application Breakout (%), Latin America: 2010
Regional Application Breakout (%), Latin America: 2011
Regional Growth, Reduced Incentives, Conservative, and Accelerated
Scenarios, Latin America: 2010-2014
Argentina Feed-in Tariff Program
Ecuador Feed-in Tariff Program
Galapagos Islands Feed-in Tariff Program
Assumptions Used in the Analysis of Global Markets
Solar Demand Outlook: Latin America - Applications, Regional Demand Drivers, Incentive Programs, and Market Forecasts published by Navigant Research (formerly Pike Research) in December 21, 2012. This report consists of 35 Pages and the price starts from US $ 1500.
