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PV system costs increase by 7% in Brazil in H1

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PV system costs increase by 7% in Brazil in H1

The average price of photovoltaic systems in Brazil rose by 7% between January and June 2026 for projects up to 300 kW, according to Greener’s “Distributed Energy Solutions” strategic study. Final system prices ranged from BRL 2.02 ($0.38)/W for 30 kW and 50 kW installations to BRL 3.62/W for 2 kW systems.

The survey considers the final price of a PV system, including the equipment kit and integration services. Kit costs are based on price mapping and inquiries with distributors, while final system prices are collected from integrators across Brazil. The difference between the two represents the integration cost, which includes the integrator’s technical and operational margin.

For 2 kW systems, the average price reached BRL 3.62/W in June, up from BRL 3.44/W in January. Based on total installed capacity, this corresponds to a system price of approximately BRL 7,200.

Meanwhile, 30 kW and 50 kW systems recorded the lowest per-watt prices among the system sizes surveyed, at BRL 2.02/W. This corresponds to total system prices of approximately BRL 60,600 and BRL 101,000, respectively.

Larger projects have a lower price per watt but require a higher overall investment. A 300 kW system, for example, had an average price of BRL 2.40/W, equivalent to around BRL 720,000. For a ground-mounted system of the same capacity, the average price reached approximately BRL 834,000.

The increase in final system prices came amid a sharper rise in equipment costs. 68/W.



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