South America solar PV outlook 2019

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South American markets are adding close to 3 GW of new solar PV on a yearly basis as of 2018. Led by the major markets of Brazil, Chile and Argentina, the region is seeing advancements in policy, competitive strategy and pricing for both utility scale and distributed generation PV. As more countries on the continent look to invest in renewables outside of hydropower, solar has become a major beneficiary of supporting policy frameworks that provide PV with competitive strategies and compelling business cases for investment. Auctions, deregulated marketplaces, net metering policies, tax exemptions and interconnection priority are all contributing to the growth of the market. 

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