Solar energy market sees good results for the 2nd semester

Prospects are positive and the sector should maintain business and job growth
2 minute(s) of reading

With each passing month, as vaccination progresses, the Covid-19 pandemic cools down 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 for business closures and job creation.

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

If we take as a basis the scenario recorded in the first months of 2021, we envisage a very good second half of the year for the photovoltaic solar energy sector, with growth expected month by 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 indeed possible to generate your own energy. 

This, combined with the economy's upward trend and the fact that people have already learned to live with the pandemic scenario.

In my view, in the second half of the year the solar energy market should see an increase in demand for solar generators. The worsening of the water crisis already faced in states in the South and Southeast triggers the energy crisis and, consequently, increases energy costs for the consumer. 

As a result, the demand for solar energy generation is emerging even more as an alternative, not only in terms of cost reduction, but also as an option for a sustainable energy source.

It is worth highlighting, however, that the increase in demand, even with a possible fall in the dollar, will still not mean the possibility of passing on lower prices to distributors. 

This 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 shipping International.

With all this, we remain firm and optimistic, working to bring solar energy within everyone's reach.

Picture of 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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