Solar PV in Brazil, Market Outlook to 2025 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Solar PV in Brazil, Market Outlook to 2025 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles

Summary

"Solar PV in Brazil, Market Outlook to 2025 - Capacity, Generation, Levelized Cost of Energy (LCOE), Investment Trends, Regulations and Company Profiles” is the latest report from GlobalData, the industry analysis specialists that offer comprehensive information and understanding of the solar PV market in Brazil. The report provides in depth analysis on global renewable power market and global solar PV market with forecasts up to 2025. The report analyzes the power market scenario in Brazil (includes thermal conventional, nuclear, large hydro and renewables) and provides future outlook with forecasts up to 2025. The research details renewable power market outlook in the country (includes wind, small hydro, biopower and solar PV) and provides forecasts up to 2025. The report highlights installed capacity and power generation trends from 2001 to 2025 in Brazil solar PV market. The research analyzes market segmentation by grid connectivity, investment trends and LCOE for solar PV in Brazil during 2011-2025. The report provides information on the amount of carbon saved and average number of homes powered by solar PV during 2001-2025. A detailed coverage of renewable energy policy framework governing the market with specific policies pertaining to solar PV market development is provided in the report. The research also provides company snapshots of some of the major market participants

The report is built using data and information sourced from proprietary databases, secondary research and in-house analysis by GlobalData’s team of industry experts.

Scope

The report analyses global renewable power market, global solar PV market, Brazil power market, Brazil renewable power market and Brazil solar PV market. The scope of the research includes -
- A brief introduction on global carbon emissions and global primary energy consumption.
- Historical period is during 2001-2011 (unless specified) and forecast period is for 2012-2025.
- An overview on global renewable power market, highlighting installed capacity trends, generation trends and installed capacity split by various renewable power sources.
- Renewable power sources include wind (includes both onshore and offshore), solar photovoltaic (PV), concentrated solar power (CSP), small hydropower (SHP), biomass, biogas and geothermal.
- Detailed overview on the global solar PV market with installed capacity and generation trends, market segmentation by grid connectivity, installed capacity split by region in 2011, installed capacity split by major solar PV countries in 2011, investment trends (2011-2025), trade flow of solar PV modules (2001-2011) and detailed cost analysis which includes LCOE comparison among major countries.
- Power market scenario in Brazil and provides detailed market overview, installed capacity and power generation trends by various fuel types (includes thermal conventional, nuclear, large hydro and renewables) with forecasts up to 2025.
- An overview on Brazil renewable power market, highlighting installed capacity trends (2001-2025), generation trends(2001-2025) and installed capacity split by various renewable power sources in 2011.
- Detailed overview of Brazil solar PV market with installed capacity and generation trends, market segmentation by grid connectivity, investment trends (2011-2025), import-export data of PV modules (2006-2011), carbon savings (2001-2025), number of homes powered (2001-2025) and LCOE for solar PV during 2011-2025.
- Deal analysis of Brazil solar PV market. Deals are analyzed on the basis of mergers, acquisitions, partnership, asset finance, debt offering, equity offering, private equity (PE) and venture capitalists (VC).
- Key policies and regulatory framework supporting the development of renewable power sources in general and solar PV in particular.
- Company snapshots of some of the major market participants in the country.

Reasons to buy

The report will enhance your decision making capability in a more rapid and time sensitive manner. It will allow you to -
- Identify key growth and investment opportunities in Brazil solar PV market.
- Facilitate decision-making based on strong historic and forecast data for solar PV market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Develop strategies based on the latest regulatory events.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy and prospects.

1 Table of Contents
1 Table of Contents 2
1.1 List of Tables 6
1.2 List of Figures 7
2 Executive Summary 9
2.1 Global Carbon Emissions Continue to Increase in 2010-2011 after a Slight Dip in 2009 9
2.2 Global Power Market – Increasing Focus on Clean Technologies 9
2.3 Government Support will continue to Foster the Growth of Global Renewable Power Market 10
2.4 Global Solar Photovoltaic (PV) Market Will Sustain its Growth Momentum 10
2.5 Hydropower is the Largest Power Generating Source in the Country 11
2.6 Electricity Prices in Brazil are among the Highest in the World 12
2.7 Brazil Aims to add another 10% of Electricity from Renewable Sources by 2020 12
2.8 Brazil Solar PV Market in its Nascent Stage of Development 13
3 Introduction 14
3.1 Carbon Emissions, Global, 2001-2011 14
3.2 Primary Energy Consumption, Global, 2001-2025 16
3.3 Report Guidance 17
4 Renewable Power Market, Global, 2001-2025 19
4.1 Renewable Power Market, Global, Overview 19
4.2 Renewable Power Market, Global, Cumulative Installed Capacity, MW, 2001-2025 20
4.3 Renewable Power Market, Global, Power Generation, GWh, 2001-2025 22
4.4 Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, %, 2011 24
4.5 Renewable Power Market, Global, Net Capacity Additions by Source Type, MW, 2011-2025 25
4.6 Renewable Power Market, Global, Comparison among Power Sources 26
5 Solar PV Market, Global, 2001-2025 27
5.1 Solar PV Market, Global, Overview 27
5.2 Solar PV Market, Global, Installed Capacity, MW, 2001-2025 28
5.3 Solar PV Market, Global, Power Generation, GWh, 2001-2025 30
5.4 Solar PV Market, Global, Cumulative Installed Capacity Growth by Region, MW, 2011-2025 31
5.5 Solar PV Market, Global, Cumulative Installed Capacity Split by Country, %, 2011 32
5.6 Solar PV Market, Global, Net Capacity Additions in Major Countries, MW, 2011-2025 33
5.7 Solar PV Market, Global, Comparison between Key Countries 34
5.8 Solar PV Market, Global, Investment Trends, $m, 2012-2025 35
5.9 Solar PV Market, Global, Cost Analysis 36
5.9.1 Solar PV Market, Global, Cost Break-up of a Grid Connected PV System, 2011 36
5.9.2 Solar PV Market, Global, Cost Break-up of an Off-grid PV System, 2011 37
5.10 Solar PV Market, Global, LCOE in Major Countries, $/kWh, 2011 38
5.11 Solar PV Market, Global, Trade Flow Analysis of PV Modules 39
5.12 Solar PV Market, Global, Major Debt Providers, 2011 40
6 Power Market, Brazil, 2001-2025 41
6.1 Power Market, Brazil, Overview 41
6.2 Power Market, Brazil, Cumulative Installed Capacity, MW, 2001-2025 42
6.3 Power Market, Brazil, Cumulative Installed Capacity by Fuel Type, MW, 2001-2025 44
6.4 Power Market, Brazil, Power Generation by Fuel Type, GWh, 2001-2025 46
6.5 Power Market, Brazil, Net Capacity Additions by Source Type, MW, 2011-2025 48
6.6 Power Market, Brazil, Comparison of Power Sources, 2011 49
7 Renewable Power Market, Brazil, 2001-2025 50
7.1 Renewable Power Market, Brazil, Overview 50
7.2 Renewable Power Market, Brazil, Cumulative Installed Capacity by Source Type, MW, 2001-2025 50
7.3 Renewable Power Market, Brazil, Cumulative Installed Capacity Split by Source Type, %, 2011 and 2025 52
7.4 Renewable Power Market, Brazil, Power Generation by Source Type, GWh, 2001-2025 53
7.5 Renewable Power Market, Brazil, Net Capacity Additions by Source Type, MW, 2011-2025 55
7.6 Renewable Power Market, Brazil, Comparison of Renewable Power Sources 56
7.7 Renewable Power Market, Brazil, LCOE Comparison, $/kWh, 2011 57
8 Solar PV Market, Brazil, 2001-2025 58
8.1 Solar PV Market, Brazil, Overview 58
8.2 Solar PV Market, Brazil, Installed Capacity, MW, 2001-2025 59
8.3 Solar PV Market, Brazil, Power Generation, GWh, 2001-2025 61
8.4 Solar PV Market, Brazil, Segmentation by On-grid and Off-grid, %, 2001-2011 62
8.5 Solar PV Market, Brazil, Investment Trends, 2011-2025 67
8.6 Solar PV Market, Brazil, Export and Import of Modules, $m, 2006-2011 69
8.7 Solar PV Market, Brazil, Carbon Savings, ‘000 Tons, 2001-2025 70
8.8 Solar PV Market, Brazil, Average Number of homes powered, 2001-2025 72
8.9 Solar PV Market, Brazil, LCOE, $/kWh, 2011-2025 73
9 Wind Power Market, Brazil, Deal Analysis 76
9.1 Wind Power Market, Brazil, Deal Value vs. Deal Volume, 2004-2011 76
9.2 Wind Power Market, Brazil, Split by Deal Type, %, 2011 77
9.3 Wind Power Market, Brazil, Asset Finance Deals, Brazil Power Market vs. Global, 2007-2011 78
9.4 Wind Power Market, Brazil, Asset Finance Deals, Comparison Among Various Renewable Energy Sources, 2011 79
10 Renewable Energy Policy Framework, Brazil 80
10.1 Financial Incentives and Policy Support for Renewable Energy Sources, Brazil, Major Policies 80
10.1.1 Program of Incentives for Alternative Electricity Sources – Programa de Incentivo a Fontes Alternativas de Energia Elétrica – PROINFA 80
10.1.2 Alternative Energy Auction LFA-2010 and Reserve Energy Auction LER-2010 87
10.1.3 Brazil National Climate Change Plan 87
10.1.4 Luz Para Todos (Light for All) Electrification Program 88
10.1.5 National Biodiesel Program (PNPB) 89
11 Wind Power Market, Brazil, Company Profiles 90
11.1 Company Snapshot: Enercon GmbH 90
11.1.1 Enercon GmbH, Company Overview 90
11.1.2 Enercon GmbH, Business Overview 91
11.1.3 Enercon GmbH, Major Products and Services 92
11.1.4 Enercon GmbH, SWOT Analysis 92
11.1.5 Enercon GmbH, Locations and Subsidiaries 97
11.2 Company Snapshot: Suzlon Energy Limited 100
11.2.1 Suzlon Energy Limited, Company Overview 100
11.2.2 Suzlon Energy Limited, Business Overview 100
11.2.3 Suzlon Energy Limited, Major Products and Services 101
11.2.4 Suzlon Energy Limited, Key Financial Performance 102
11.2.5 Suzlon Energy Limited, SWOT Analysis 103
11.2.6 Suzlon Energy Limited, Locations and Subsidiaries 106
11.3 Company Snapshot: Enel Green Power S.p.A. 111
11.3.1 Enel Green Power S.p.A., Company Overview 111
11.3.2 Enel Green Power S.p.A., Business Overview 111
11.3.3 Enel Green Power S.p.A., Major Products and Services 112
11.3.4 Enel Green Power S.p.A., Key Financial Performance 113
11.3.5 Enel Green Power S.p.A., Locations and Subsidiaries 114
11.4 Company Snapshot: Elecnor SA 115
11.4.1 Elecnor SA, Company Overview 115
11.4.2 Elecnor SA, Major Products and Services 116
11.4.3 Elecnor SA, Key Financial Performance 117
11.4.4 Elecnor SA, Locations and Subsidiaries 118
12 Appendix 121
12.1 Abbreviations 121
12.2 Market Definitions 122
12.3 Methodology 123
12.3.1 Secondary Research 123
12.3.2 Primary Research 123
12.3.3 Modeling and Forecasting 123
12.3.4 Market Estimates and Assumptions 124
12.3.5 Contact Us 125
12.3.6 Disclaimer 125

1.1 List of Tables
Table 1: Carbon Emissions, Global, MMT, 2001-2011 15
Table 2: Primary Energy Consumption, Global, Mtoe, 2001-2025 17
Table 3: Renewable Power Market, Global, Cumulative Installed Capacity by Fuel Type, MW, 2001–2025 21
Table 4: Renewable Power Market, Global, Power Generation by Fuel Type, GWh, 2001–2025 23
Table 5: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, %, 2001–2025 24
Table 6: Renewable Power Market, Global, Net Capacity Additions by Source Type, MW, 2011–2025 25
Table 7: Renewable Power Market, Global, Comparison among Power Sources 26
Table 8: Solar PV Market, Global, Installed Capacity, MW, 2001–2025 29
Table 9: Solar PV Market, Global, Power Generation, GWh, 2001–2025 31
Table 10: Solar PV Market, Global, Cumulative Installed Capacity Split by Country, %, 2011 33
Table 11: Solar PV Market, Global, Net Capacity Additions in Major Countries, MW, 2011–2025 34
Table 12: Solar PV Market, Global, New Investment, $m, 2012-2025 35
Table 13: Solar PV Market, Global, Cost Break-up of a Grid Connected PV System, %, 2011 36
Table 14: Solar PV Market, Global, Cost Break-up of an Off-grid PV System, %, 2011 37
Table 15: Solar PV Market, Global, LCOE in Major Countries, $/kWh, 2011 38
Table 16: Solar PV Market, Global, Import and Export of Modules, $m, 2007–2011 39
Table 17: Power Market, Brazil, Cumulative Installed Capacity, MW, 2001–2025 43
Table 18: Power Market, Brazil, Cumulative Installed Capacity by Fuel Type, MW, 2001–2025 45
Table 19: Power Market, Brazil, Power Generation by Fuel Type, GWh, 2001–2025 47
Table 20: Power Market, Brazil, Net Capacity Additions by Source Type, MW, 2011–2025 48
Table 21: Power Market, Brazil, Comparison Between Power Sources, 2011–2025 49
Table 22: Renewable Power Market, Brazil, Cumulative Installed Capacity, MW, 2001–2025 51
Table 23: Renewable Power Market, Brazil, Cumulative Installed Capacity Split by Source Type, %, 2011 and 2025 52
Table 24: Renewable Power Market, Brazil, Power Generation by Source Type, GWh, 2001–2025 54
Table 25: Renewable Power Market, Brazil, Net Capacity Additions by Source Type, MW, 2011–2025 55
Table 26: Renewable Power Market, Brazil, Comparison of Renewable Power Sources, 2011 56
Table 27: Solar PV Market, India, Installed Capacity, MW, 2001–2025 60
Table 28: Solar PV Market, Brazil, Power Generation, GWh, 2001-2025 62
Table 29: Solar PV Market, Brazil, Cumulative Capacity Segmentation by On-grid and Off-grid, MW, 2001-2011 63
Table 30: Solar PV Market, Brazil, Annual Additions Segmentation by On-grid and Off-grid, MW, 2001-2011 64
Table 31: Solar PV Market, Brazil, Cumulative Capacity Segmentation by On-grid and Off-grid, %, 2001-2011 65
Table 32: Solar PV Market, Brazil, Annual Additions Segmentation by On-grid and Off-grid, %, 2001-2011 66
Table 33: Solar PV Market, Brazil, Capital Expenditure and New Investments, $/kW and $m, 2011-2025 68
Table 34: Solar PV Market, Brazil, Trade Flow, $m, 2001-2011 69
Table 35: Solar PV Market, Brazil, Carbon savings, ‘000 Tons, 2001-2025 71
Table 36: Solar PV Market, Brazil, Average Number of Homes Powered, 2001-2025 73
Table 37: Solar PV Market, Brazil, Assumptions for LCOE Calculation 74
Table 38: Solar PV Market, Brazil, LCOE, $/kWh, 2011-2025 75
Table 39: Wind Power Market, Brazil, Deal Value Vs. Deal Volume, 2004-2011 76
Table 40: Wind Power Market, Brazil, Split by Deal Type, %, 2011 77
Table 41: Wind Power Market, Brazil, Asset Finance Deals, Brazil vs. Global, 2007-2011 78
Table 42: Wind Power Market, Brazil, Asset Finance Deals, Comparison Among Various Renewable Energy Sources, 2011 79
Table 43: PROINFA Implementation Under Phase One, Brazil, BID code 06/04 for 3,300 MW, 2006-2011 82
Table 44: PROINFA, Brazil, A-3 Energy Auctions, 2011 83
Table 45: PROINFA, Brazil, A-3 Energy Auctions, Technology Share by Investments, 2011 84
Table 46: PROINFA, Brazil, A-5 Energy Auctions, 2011 85
Table 47: PROINFA, Brazil, A-5 Energy Auctions, Technology Share by Investments, 2011 86
Table 48: Enercon GmbH, Major Products and Services 92
Table 49: Enercon GmbH, SWOT Analysis 93
Table 50: Enercon GmbH, Other Locations and Subsidiaries 98
Table 51: Suzlon Energy Limited, Major Products and Services 101
Table 52: Suzlon Energy Limited, SWOTAnalysis 103
Table 53: Suzlon Energy Limited, Other Locations and Subsidiaries 107
Table 54: Enel Green Power S.p.A., Major Products and Services 112
Table 55: Enel Green power S.p.A., Other Locations and Subsidiaries 114
Table 56: Elecnor SA, Major Products and Services 116
Table 57: Elecnor, SA, Other Locations and Subsidiaries 118
Table 58: Abbreviations 121
Table 59: LCOE Calculation, Discount Rates by Technology 124

1.2 List of Figures
Figure 1: Solar PV Market, Global, Cumulative Installed Capacity, MW, 2001-2025 11
Figure 2: Solar PV Market, Brazil, Cumulative Installed Capacity, MW, 2001–2025 13
Figure 3: Carbon Emissions, Global, MMT, 2001-2011 15
Figure 4: Primary Energy Consumption, Global, Mtoe, 2001-2025 16
Figure 5: Renewable Power Market, Global, Cumulative Installed Capacity by Fuel Type MW, 2001–2025 20
Figure 6: Renewable Power Market, Global, Power Generation by Fuel Type, GWh, 2001–2025 22
Figure 7: Renewable Power Market, Global, Cumulative Installed Capacity Split by Source Type, %, 2011 and 2025 24
Figure 8: Renewable Power Market, Global, Net Capacity Additions by Source Type, MW, 2011–2025 25
Figure 9: Renewable Power Market, Global, Comparison among Power Sources 26
Figure 10: Solar PV Market, Global, Installed Capacity, MW, 2001–2025 28
Figure 11: Solar PV Market, Global, Power Generation, GWh, 2001–2025 30
Figure 12: Solar PV Market, Global, Cumulative Installed Capacity Growth by Region, MW, 2011-2025 32
Figure 13: Solar PV Market, Global, Cumulative Installed Capacity Split by Country, %, 2011 32
Figure 14: Solar PV Market, Global, Net Capacity Additions in Major Countries, MW, 2011–2025 33
Figure 15: Solar PV Market, Global, Comparison Between Key Countries 34
Figure 16: Solar PV Power Market, Global, New Investment, $m, 2012-2025 35
Figure 17: Solar PV Market, Global, Cost Break-up of a Grid Connected PV System, %, 2011 36
Figure 18: Solar PV Market, Global, Cost Break-up of an Off-grid PV System, %, 2011 37
Figure 19: Solar PV Market, Global, LCOE in Major Countries, $/kWh, 2011 38
Figure 20: Solar PV Market, Global, Import and Export of Modules, $m, 2007–2011 39
Figure 21: Solar PV Market, Global, Trade Flow of Modules, 2011 40
Figure 22: Solar PV Market, Global, Major Debt Providers, 2011 40
Figure 23: Power Market, Brazil, Cumulative Installed Capacity, MW, 2001–2025 42
Figure 24: Power Market, Brazil, Cumulative Installed Capacity by Fuel Type, MW, 2001–2025 44
Figure 25: Power Market, Brazil, Power Generation by Fuel Type, GWh, 2001–2025 46
Figure 26: Power Market, Brazil, Net Capacity Additions by Source Type, MW, 2011–2025 48
Figure 27: Power Market, Brazil, Comparison Between Power Sources, 2011–2025 49
Figure 28: Renewable Power Market, Brazil, Cumulative Installed Capacity, MW, 2001–2025 51
Figure 29: Renewable Power Market, Brazil, Cumulative Installed Capacity Split by Source Type, %, 2011 and 2025 52
Figure 30: Renewable Power Market, Brazil, Power Generation by Source Type, MW, 2001–2025 53
Figure 31: Renewable Power Market, Brazil, Net Capacity Additions by Source Type, MW, 2011–2025 55
Figure 32: Renewable Power Market, Brazil, Comparison of Renewable Power Sources, 2011 56
Figure 33: Renewable Power Market, Brazil, LCOE Comparison, $/kWh, 2011 57
Figure 34: Solar PV Market, Brazil, Installed Capacity, MW, 2001-2025 59
Figure 35: Solar PV Market, Brazil, Power Generation, GWh, 2001-2025 61
Figure 36: Solar PV Market, Brazil, Cumulative Capacity Segmentation by On-grid and Off-grid, MW, 2001-2011 63
Figure 37: Solar PV Market, Brazil, Annual Additions Segmentation by On-grid and Off-grid, MW, 2001-2011 64
Figure 38: Solar PV Market, Brazil, Cumulative Capacity Segmentation by On-grid and Off-grid, %, 2001-2011 65
Figure 39: Solar PV Market, Brazil, Annual Additions Segmentation by On-grid and Off-grid, %, 2001-2011 66
Figure 40: Solar PV Market, Brazil, Capital Expenditure and New Investments, $/kW and $m, 2011-2025 67
Figure 41: Solar PV Market, Brazil, Trade Flow, $m, 2001-2011 69
Figure 42: Solar PV Market, Brazil, Carbon Savings, ‘000 Tons 2001-2025 70
Figure 43: Solar PV Market, Brazil, Average Number of Homes Powered, 2001-2025 72
Figure 44: Solar PV Market, Brazil, LCOE, $/kWh, 2011-2025 74
Figure 45: Wind Power Market, Brazil, Deal Value vs. Deal Volume, 2004-2011 76
Figure 46: Wind Power Market, Brazil, Split by Deal Type, %, 2011 77
Figure 47: Wind Power Market, Brazil, Asset Finance Deals, Brazil vs. Global, 2007-2011 78
Figure 48: Wind Power Market, Brazil, Asset Finance Deals, Comparison Among Various Renewable Energy Sources, 2011 79
Figure 49: Renewable Power Market, Brazil, Impact Analysis of Policies, 1974-2012 80
Figure 50: PROINFA, Brazil, A-3 Energy Auctions, 2011 83
Figure 51: PROINFA, Brazil, A-3 Energy Auctions, Technology Share by Investments, 2011 84
Figure 52: PROINFA, Brazil, A-5 Energy Auctions, 2011 85
Figure 53: PROINFA, Brazil, A-5 Energy Auctions, Technology Share by Investments, 2011 86
Figure 54: Wind Power Market, Brazil, Presence of Companies Across Wind Value Chain 90
Figure 55: Suzlon Energy Limited, Key Financial Performance 102
Figure 56: Enel Green Power S.p.A., Key Financial Performance 113
Figure 57: Elecnor SA, Key Financial Performance 117