How Latin America is changing the face of the solar market

In light of the over-supply of PV modules from Chinese and Taiwanese manufacturers, Latin American solar developments offer a refreshing change for the solar market. Region touted to provide solar solutions for East Asian companies.

Latin America has joined the race - currently dominated by the Asian markets - to develop a sustainable energy future. Despite its industry being relatively younger than its East Asian and European counterparts, the region has been gaining considerable attention for its solar-powered ambitions. In fact, the region has been touted to help East Asian companies ensure their solar markets are sustainable and viable.

Fuelled by an ambitious vision to be amongst the world’s leaders in sustainable energy, Latin America is pumping a lot of research and money into solar energy. At the forefront of this initiative is Chile— and by 2020 the country is aiming for 20 per cent of their energy matrix to come from renewable sources. Costa Rica, for example, already sources 99 per cent of its energy from renewable sources.

Chile, Brazil, Argentina, Panama, Peru and Bolivia have all made moves in the last year to source and possibly even manufacture solar modules and cells to develop viable renewable energy industries focusing on solar, wind and geo-thermal.

Carlos Barria, Head of Renewable Energy Division, Ministry of Energy, Chile, will be discussing the country’s solar energy plans at the Solar Latin America Summit, which is taking place on November 29th and 30th in Santiago. Other confirmed speakers include Manlio Covielho, Chief, Natural Resources and Energy Unit, ECLAC and Richard Aylwin, Director Sustainable Energy, Codelco.

The summit has been designed to connect international solar companies with Latin American energy stakeholders to help the region build a viable and sustainable solar energy industry. Companies who have confirmed their attendance include Isolux Corsan, Enersol, Schmid, Tokyo Electron, Power-One, Gestamp solar, GrupoClavijo and Shandong Linuo Photovoltaic.

Li Yan, Sales Director, Shandong Linuo Photovoltaic, acknowledged that “Chile is the most stable country in Latin America, and it’s a growing market in the solar business. With an electricity deficit of 10GW it has plans to find clean energy solutions to supply its needs – and overcome this gap by 2020. This summit will extend Shandong’s influence in Chile and give us a good start to enter this lucrative market.”

For more information, contact

Mark Davies - Marketing Manager

Solar Latin America

Tel: +971 44 55 7956

Mob: +97150 5253862


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