Brazil Bi-facial Solar Market Overview, 2031

Market Insights on Brazil Bi-facial Solar Market

• Brazil has solidified its position as a global solar powerhouse, closing 2025 with 64 GW of operational solar power and cementing its status as the fifth-largest photovoltaic market worldwide. The sector added 10.6 GW of new capacity during the year, attracting over R$ 32.9 billion in investments and generating more than 319,800 green jobs across all regions.
• According to the research report, "Brazil Bi-facial Solar Market Overview, 2031," published by Bonafide Research, the Brazil Bi-facial Solar market is anticipated to grow at 15.17% CAGR from 2026 to 2031. Solar energy now represents 24.5% of the country's electricity matrix, making it the second-largest source in the national power complex. What distinguishes Brazil's market is the near-total dominance of bifacial technology, with 97.22% of all solar installations now utilizing bifacial modules a penetration rate unmatched globally. This preference stems from bifacial modules' ability to generate up to 27% more energy than monofacial alternatives in high-albedo environments, combined with up to 16% reduction in levelized cost of energy despite higher initial costs.
• The technology delivers average energy production gains of 6% to 9% compared to traditional panels. The Brazilian Photovoltaic Solar Energy Association (ABSOLAR), founded in 2013 and representing over 700 member companies, serves as the industry's primary voice. ABSOLAR's president, Rodrigo Sauaia, emphasizes that solar growth strengthens Brazil's global leadership in the energy transition, eases household budgets, and enhances industrial competitiveness.

Competitive Landscape of Brazil Bi-facial Solar Market

• ArcelorMittal and Atlas Renewable Energy completed construction of a 315 MW solar plant in Paracatu, Minas Gerais, featuring 516,000 bifacial modules combined with advanced tracker technology. The project, which became fully owned by ArcelorMittal Brasil in December 2025, demonstrates how industrial consumers are directly investing in utility-scale bifacial generation.
• In the commercial segment, Karpowership inaugurated a 2.06 MWp photovoltaic plant in Itaguaí, Rio de Janeiro, incorporating bifacial panels and CSI-125K-T600 inverters from Canadian Solar.
• The Albert Einstein Hospital deployed a 295.4 kWp system with 505 bifacial DMEGC Solar modules of 585 W at its Morumbi unit. German manufacturer AE Solar announced a billion-real solar module factory in Camaçari's Industrial Pole, targeting production of 12 million modules annually—enough to supply 25% of the Brazilian market within the first five years of operation.
• A R$ 1.8 billion investment is establishing the first solar glass factory outside China in Belmonte, Bahia, addressing critical supply chain dependencies. The import market saw 80 manufacturers supplying modules in the first half of 2025, with the top ten representing 60% of imported volume.
• JA Solar, Astronergy, and Eging led with approximately 800 MWp each. Entry barriers include complex state-level tax structures, though ICMS exemptions via Convênio ICMS 101/97 remain active across most states. Transaction economics are shaped by distributed generation models, with residential consumers now leading expansion, followed by commercial, rural, industrial, and public sectors.

Brazil Market Dynamics

Driver: Bifacial Technology Dominance and Cost Advantages Brazil's solar industry has achieved near-universal adoption of bifacial technology, with 97.22% of projects utilizing bifacial modules. This preference is driven by bifacial modules' ability to generate up to 27% more energy than monofacial panels in high-albedo environments, with average gains of 6% to 9%. The technology reduces levelized cost of energy by up to 16% despite higher upfront costs. Solar energy generation reached 88.1 TWh in 2025, a 24% increase over 2024, with capacity expanding 33.7% to 64,793 MW. The source now contributes approximately one-fifth of Brazil's electricity generation.

Challenge: Grid Curtailment and Regulatory Uncertainty Brazil's bifacial market faces significant headwinds from curtailment and flow reversal issues, which ABSOLAR identifies as causing a 29% contraction in new solar capacity added in 2025 compared to the previous year. In 2025, Brazil revoked concession permits for 509 solar and wind power plants totaling approximately 22 GW following developer requests for non-viability cancellation. To address this, Law No. 15,269/2025 established a regulatory framework for energy storage and mechanisms to compensate generators for curtailment. The country is set to launch its maiden battery storage auction in April 2026.



Trend: Distributed Generation Expansion and Hybrid Solutions Distributed generation continues its remarkable growth trajectory, reaching 45 GW of installed capacity in 2025 with 8.8 GW added, serving 7.2 million consumers across approximately 4 million systems. Solar energy accounts for over 95% of distributed generation. The 2025 Isolated Systems Supply Auction contracted 50 MW of hybrid projects combining solar and battery storage for cities in Amazonas and Pará. The residential segment has taken the lead in expansion, becoming the majority over recent years, while shared generation and remote self-consumption models are diversifying market access.

Segment Analysis

Brazil Bi-facial Solar Market by Type
• Dual-Glass Bifacial Solar dominates Brazil's utility-scale and commercial segments, driven by superior durability in the country's diverse climate conditions. ArcelorMittal's 315 MW Paracatu plant features 516,000 bifacial modules with dual-glass construction providing enhanced protection against humidity, UV exposure, and mechanical stress. The Karpowership 2.06 MWp Itaguaí facility utilizes Canadian Solar bifacial panels. Dual-glass construction's 30-year lifespan aligns with utility investment horizons, while its resistance to potential-induced degradation ensures consistent performance across Brazil's climate zones. The technology's ability to withstand high temperatures and humidity makes it the preferred choice for ground-mounted installations.
• Glass-Backsheet Bifacial Solar serves Brazil's commercial and residential rooftop segments where weight constraints are paramount. The Albert Einstein Hospital's 295.4 kWp system utilizes DMEGC Solar bifacial modules, while Rudnik Solar's 75 kW plant in Santa Catarina features 700 W bifacial modules from EGING PV. Glass-backsheet construction reduces structural load requirements while providing adequate durability for building-mounted applications. The segment benefits from Brazil's expanding rooftop solar market, which accounted for a significant portion of the 4 million distributed generation systems installed by 2025.

Brazil Bi-facial Solar Market by Cell Technology
• TOPCon technology has emerged as Brazil's preferred cell architecture for new installations, with multiple manufacturers introducing dedicated products. Astronergy, one of the top three importers with approximately 800 MWp in the first half of 2025, supplies N-type TOPCon bifacial modules. The technology's superior temperature coefficient and high bifaciality rates of 80% to 85% maximize energy yield in Brazil's tropical climate. TOPCon's tunnel oxide passivated contact structure minimizes electron recombination, delivering higher energy yields across the project lifecycle. The transition from PERC to TOPCon is accelerating as manufacturing scales and costs decline.
• PERC technology maintains a presence in Brazil's cost-sensitive segments, though its market share is diminishing as TOPCon gains dominance. The technology's mature manufacturing base ensures competitive pricing, but lower bifaciality rates of approximately 70% to 75% limit adoption for premium applications. PERC modules continue serving replacement markets and budget-conscious installations where immediate cost considerations outweigh long-term efficiency gains. The technology's established supply chain maintains relevance for specific applications, particularly in smaller distributed generation systems.
• HJT technology occupies a premium niche in Brazil's solar landscape, with Risen Energy, which has operated in the country since 2012 and maintains over 48 GW in annual manufacturing capacity, focusing on heterojunction technology. The technology offers the highest efficiency potential and superior temperature coefficient, making it attractive for high-value applications. However, higher manufacturing costs and limited production capacity restrict widespread adoption. As manufacturing scales, HJT could become a more significant player in Brazil's premium solar segment.
• Others encompass emerging technologies including perovskite-silicon tandem cells, which represent future growth potential. The ABSOLAR National Meeting in December 2025 brought together the entire photovoltaic value chain to discuss sector perspectives for 2026. The association's new management agenda focuses on tariff modernization, sustainable sector growth, and integration with new technologies including energy storage, artificial intelligence, and green hydrogen.

Brazil Bi-facial Solar Market by End-User
• Utility-Scale represents a foundational segment for Brazil's bifacial market, with large solar plants surpassing 20 GW of installed capacity. ArcelorMittal's 315 MW Paracatu plant and the Karpowership 2.06 MWp Itaguaí facility demonstrate utility-scale commitment to bifacial technology. ANEEL reported 63 new centralized solar power plants connected in 2025, contributing over 2.81 GW of new large-scale capacity. However, the segment faces challenges from curtailment and project cancellations, with 509 solar and wind permits revoked in 2025. The segment benefits from existing energy auctions, with the 35th, 36th, and 37th auctions moving significant volumes.
• Commercial & Industrial represents a rapidly growing segment, driven by corporate sustainability goals and operational cost reduction. ArcelorMittal's direct investment in the 315 MW Paracatu plant demonstrates industrial commitment to bifacial technology. The Albert Einstein Hospital's 295.4 kWp system exemplifies healthcare sector adoption. EPE data shows commercial consumers maintain significant absolute market share in distributed generation, though residential has overtaken in relative terms. The segment benefits from corporate power purchase agreements and the ability to aggregate generation across multiple sites. The "Green Passport" program (PL 1338/25) proposes tax incentives, including ICMS exemption on electricity consumed, for companies using exclusively renewable energy.
• Residential has emerged as the leading segment in distributed generation expansion, becoming the majority over recent years. Distributed generation reached 45 GW of installed capacity in 2025, serving 7.2 million consumers across approximately 4 million systems. Solar energy accounts for over 95% of distributed generation. The residential segment benefits from ICMS exemptions on solar equipment via Convênio ICMS 101/97 across most states, with rates varying 12% to 25% by state. However, the phase-out of certain tax deductions and changing compensation rules for surplus electricity have moderated growth, with 2025 representing the second-best year for distributed generation after 2024. Shared generation and remote self-consumption models are expanding access for consumers without physical space to install their own systems. 

Considered in this report
• Historic Year: 2020
• Base year: 2025
• Estimated year: 2026
• Forecast year: 2031

Aspects covered in this report
• Bi-facial Solar Market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Type
• Dual-Glass Bifacial Solar
• Glass-Backsheet Bifacial Solar

By Cell Technology
• PERC
• TOPCon
• HJT
• Others

By End-User
• Utility-Scale
• Commercial & Industrial
• Residential