27 Sep '15, 2pm

#Solar #business news picks from our team: GTM Research: 363MW of PV capacity for Latin America in Q2 2015

GTM expects Latin America to install a total of 2.6GW of commercial and industrial PV by 2020. Image: Lance Cheung/Flickr Utility-scale PV has accounted for a large share of the solar market in Latin America over the years. Image: GTM Research In its new Q2 2015 Latin American PV Playbook released on Tuesday, GTM Research noted that 363MW of new operational capacity for utility-scale PV came online in Latin America during the second quarter of 2015. The new total stands as an 80% improvement year over year, and is the largest quarter for growth in the history of the Latin America market. En route to bringing several PV projects online, Honduras accounted for 307MW of the region’s quarter totals, with the country’s solar production receiving a boost thanks to a bonus tariff of 10% over the marginal grid cost for installations completed by the end of July. With 29MW installe...

Full article: http://www.pv-tech.org/news/gtm_research_363mw_of_pv_capa...

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