Jinko Solar leads PV modules market in Brazil

Brazil solar market share of Jinko

Jinko Solar is the leader for PV modules volume imported in Brazil last year with 3,065 MWp imported, according to Greener’s Distributed Generation Strategic Study.

Jinkosolar is expected to surpass a market share of 17.6 percent in Brazil for the first time.

“Over 60 percent of sales are related to the new Tiger NEO, demonstrating that the Brazilian market is very attentive to products quality. This keeps us positive towards a further strengthening of Jinko’s market share in 2023,” Alberto Cuter, General Manager for Latin America and Italy, said.
Brazil solar market 2023Among the 71 brands that supplied solar panels to Brazil in 2022, the 10 with the highest volume were responsible for 81 percent of the total imported. In addition, the volume of modules demanded by the Brazilian market in 2022 to meet solar generation exceeded 17 GW, up 73 percent compared to 2021 (10.3 GW).

In total, investments in excess of R$ 64 billion were made possible for both DG (distributed generation) and GC (centralized generation).