South America solar PV market outlook 2025 Report

Market Report 13 February 2025

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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

This regional report evaluates the 10-year outlook for solar PV power development in South America. It consolidates key drivers and barriers impacting new solar PV capacity additions until 2034, providing a comprehensive analysis of power sector dynamics, energy policies, renewable targets, and the solar PV pipeline in the region. This report is an updated and segmented version of our previous South America solar PV outlooks, offering clients a deeper understanding of the factors influencing solar development in the region. The report also includes bull and bear case forecast scenarios for Brazil and Chile, assessing potential downsides and upsides in addition to the base case across these markets. Additionally, it features an overview and current situation of the distributed generation market segments in each of the markets.