The Risks and Rewards of Latin America’s Solar Boom

By on March 7, 2019

A podcast interview with two of the most in-the-know people on the Latin American solar market.

Latin America’s solar market is set for exponential growth. The region could make up 10 percent of the global solar market, according to Wood Mackenzie Power & Renewables.

In this podcast, we’re speaking with two of the most in-the-know people on the subject.We’re joined by Manan Parikh, a solar analyst focused on the Americas for WoodMac. And we’ll hear from Alejo Lopez, a senior director at NEXTracker, who’s helped grow a 3-gigawatt pipeline of trackers for some of the cheapest and grandest solar projects in the world. 

Auctions in Mexico, Chile, Argentina, Colombia and Brazil are unleashing extremely low prices. As a result, the region is actually the strongest for trackers compared to the rest of the world. It’s also a pretty crazy place to do business. Every country is very different. Political and economic volatility can make markets super-hot one year, and then nonexistent the next. And ultra-low prices aren’t always healthy.

So what does exponential growth look like? And what do solar markets based on unsubsidized, extremely low-priced projects mean for businesses?

Learn about how NEXTracker helped deliver 754 megawatts of trackers to the largest solar project in the Americas.