27 Nov '15, 6pm

Latin America installs 181MW PV in Q3, record 1.4GW forecast for Q4 | PV-Tech https://t.co/l7zk3kvY04

GTM expects record installations in Q4. Credit: GTM The Latin America region saw 181MW of utility-scale solar PV projects come online in Q3 2015, down 50% from the historic 363MW of installations in Q2 , but still helping the market's ability to strengthen growth and move towards maturity in 2016, according to GTM Research’s ‘Latin America Q3 Playbook ’. Furthermore GTM has forecast that Q4 will be the largest in the region’s history with a surge of 1.4GW installed. In Q3, 1.45GW of projects were announced bringing the total Latin America project pipeline to 38.5GW. A further 74MW of PV entered the construction phase in the same period. Project Database Summary, Q3 2015. Credit: GTM Mohit Anand, senior analyst, solar markets at GTM and author of the report, said: “The Latin American market as a whole represents a huge opportunity for PV. However, the complexities of local ...

Full article: http://www.pv-tech.org/news/latin-america-installs-181mw-...

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