Solar energy market sees good results for the 2nd semester

Prospects are positive and the sector should maintain business and job growth

With each ing month, as vaccination progresses, the Covid-19 pandemic is waning in Brazil. Unlike other sectors, the photovoltaic solar energy market felt less of the effects of the economic crisis intensified by the pandemic and remained firm and growing, with the potential to close businesses and create jobs.

But, now that we are more than halfway through the year, what can we expect from the coming months?

If we take the scenario recorded in the first months of 2021 as a basis, we foresee a very good second half of the year for the photovoltaic solar energy sector, with expected growth month after month. And, although it is not yet possible to predict when this pandemic situation will end, the optimistic projection is based on factors such as the water crisis, which reinforces to the consumer market that it is possible to generate one's own energy.

This, combined with the economic recovery trend and the fact that people have already learned to live with the pandemic scenario, is a good example. In my opinion, the solar energy market should see an increase in demand for solar generators in the second half of the year. The worsening of the water crisis already faced in the southern and southeastern states is triggering an energy crisis and, consequently, increasing energy costs for consumers.

As a result, the demand for solar energy generation is emerging as an alternative, not only in of cost reduction, but also as a sustainable energy source. It is worth noting, however, that the increase in demand, even with a possible drop in the dollar, will not yet mean the possibility of ing on lower prices to distributors.

This is because the value of materials is rising abroad due to a combination of factors, such as high global demand and especially within China (which has committed to having a carbon-neutral economy by 2060), as well as difficulties in the supply chain and international shipping. Despite all this, we remain steadfast and optimistic, working to bring solar energy within everyone's reach.

Photo by Leandro Martins
Leandro Martins
President of Ecori Energia Solar, with extensive experience, reference in photovoltaic solar energy. Responsible for popularizing MLPE technology in Brazil, initially bringing the APsystems brand, and later, SolarEdge to the country. He has been operating in the international market since 1996 in various segments and has a degree in Foreign Trade from UNIBERO-SP.

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