L R AS Published on Sunday 29 March 2020 - n° 315 - Categories:various sectors

How Coronavirus affects the Brazilian photovoltaic sector

The Brazilian consultant Greener interviewed 541 companies, 75% of which are system integrators. Many of these players are already feeling the impact of the crisis:

71% of the companies surveyed have already lost orders either by withdrawal or postponement, while 85% have already noted a reduction in demand for photovoltaic systems. Around 70% of companies now have their employees working from home.

Above all, 50% of companies have already been affected by an increase in PV system costs due to the fall in the Brazilian currency in recent weeks. Around 49% of respondents expressed concern about the rising prices of PV systems.

Other concerns included logistical problems (23%), the availability of PV systems on the market (17%), grid connection problems (12%), powering of PV modules (11%) and powering of inverters (8%).

For large power plants, 60% of investors and developers were affected by an increase in the cost of equipment.

PV Magazine of 27 March

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