[SMM PV News] Brazil's PV Module Imports Drop 24% to 17.9 GWp in 2025

Published: Mar 30, 2026 09:32
According to consultancy 'Greener', Brazil imported 17.9 GWp of PV modules in 2025, a 24% decline from 2024, with 79% destined for the distributed generation segment. The drop reflects an inventory buildup as distributed additions slowed to 8.8 GW. Despite a fragmented market of 115 brands, the top 10 suppliers—led by JA Solar, Longi, Astronergy, and Risen—accounted for 59% of imports. Import costs have surged to 44% of the product's 'CIF' value due to higher import duties (up from 9% to 25%) and rising freight costs. Looking ahead, the market faces further pricing impacts from the end of Chinese export tax incentives, though some utility-scale projects may benefit from reinstated duty quotas.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
PV 618 Removed the 80% Hard Cap, Ushering In New Opportunities for the Industry
Common.Time.hoursAgo
PV 618 Removed the 80% Hard Cap, Ushering In New Opportunities for the Industry
Read More
PV 618 Removed the 80% Hard Cap, Ushering In New Opportunities for the Industry
PV 618 Removed the 80% Hard Cap, Ushering In New Opportunities for the Industry
On June 18, 2026, the National Energy Administration officially implemented the new Guidelines for Assessing the Hosting Capacity of Power Systems for Distributed Power Supply Access, completely abolishing the rigid restriction of an "80% reverse transformer loading rate" that had been in place for six years. This move was of extraordinary significance: it broke the shackles on industry development, released trillion-level market potential, and marked the PV industry’s formal entry into a new stage of development with "no hard cap." The core of this new June 18 policy was "removing hard caps and adopting flexible regulation." This did not mean relaxing power grid safety requirements, but rather using a more scientific approach to balance safety and development.
Common.Time.hoursAgo
[SMM PV News] USITC Launches Section 337 Probe into TOPCon Solar Imports After First Solar Complaint
Common.Time.hoursAgo
[SMM PV News] USITC Launches Section 337 Probe into TOPCon Solar Imports After First Solar Complaint
Read More
[SMM PV News] USITC Launches Section 337 Probe into TOPCon Solar Imports After First Solar Complaint
[SMM PV News] USITC Launches Section 337 Probe into TOPCon Solar Imports After First Solar Complaint
The US International Trade Commission (USITC) has initiated a Section 337 investigation into imports of certain TOPCon solar cells and modules following a patent infringement complaint by First Solar. Filed on February 24, 2026, the complaint targets 47 respondents across the US, China, India, Vietnam, and other nations, including major manufacturers like Canadian Solar, JA Solar, JinkoSolar, and Trinasolar. First Solar alleges these companies infringe on its TOPCon patents and is seeking exclusion and cease-and-desist orders to restrict their sale in the US. Respondents have 20 days to reply. An Administrative Law Judge will issue an initial determination, with the potential to bar offending products from the US market and further disrupt the solar supply chain
Common.Time.hoursAgo
Wafer Manufacturers Were Still Pushing for Lower Polysilicon Prices, While Individual Module Quotes Recovered [SMM Silicon-Based PV Morning Meeting Summary]
Common.Time.hoursAgo
Wafer Manufacturers Were Still Pushing for Lower Polysilicon Prices, While Individual Module Quotes Recovered [SMM Silicon-Based PV Morning Meeting Summary]
Read More
Wafer Manufacturers Were Still Pushing for Lower Polysilicon Prices, While Individual Module Quotes Recovered [SMM Silicon-Based PV Morning Meeting Summary]
Wafer Manufacturers Were Still Pushing for Lower Polysilicon Prices, While Individual Module Quotes Recovered [SMM Silicon-Based PV Morning Meeting Summary]
[SMM Silicon-Based PV Morning Meeting Summary: Polysilicon Prices Remained Slightly Weak, While Module Prices Were Stable on the Surface but Fell in Practice] Over the weekend, N-type recharging polysilicon was quoted at 36-43.5 yuan/kg. Polysilicon prices still appeared slightly weak over the weekend, and the market reported that some crystal pulling facilities had extremely low target prices, which upstream suppliers had not yet accepted.
Common.Time.hoursAgo
According to consultancy 'Greener', Brazil imported 17.9 GWp of PV mod - Shanghai Metals Market (SMM)