Brazil PV system prices rise 7% in H1 2026
Average photovoltaic system prices in Brazil increased 7% in the first half of 2026 for projects up to 300 kW, with 30 kW and 50 kW systems hitting a low
Brazil PV system prices rose 7% across projects up to 300 kW between January and June 2026. The increase occurred even as the cost of equipment kits for larger systems fell, driven by higher integration expenses and a shifting market mix.
Final system prices varied significantly by scale. The lowest per-watt prices were recorded for 30 kW and 50 kW installations. Larger ground-mounted systems also saw price increases.
| System Size | Average Price per Watt (BRL) | Total System Price (BRL) |
|---|---|---|
| 2 kW | 3.62 | ~7,200 |
| 30 kW | 2.02 | ~60,600 |
| 50 kW | 2.02 | ~101,000 |
| 300 kW | 2.40 | ~720,000 |
Kit prices told a different story. For a 50 kW system, the kit cost rose 8.8% from BRL 1.14 to BRL 1.24 per watt. The increase was even steeper for residential-scale equipment. The average kit price for a 4 kW system jumped 18.3%, from BRL 1.42 to BRL 1.68 per watt. Greener said, "The average price of photovoltaic systems in Brazil rose by 7% between January and June 2026 for projects up to 300 kW." The difference between the kit price and the final system price represents the cost of integration, which includes the installer's technical services and operational margin.
Long-term price declines provide context. Since January 2017, the average price of a 4 kW residential system has fallen from BRL 7.74 to BRL 2.91 per watt. A 50 kW commercial system dropped from BRL 6.06 to BRL 2.02 per watt over the same period.
Market segmentation and installer insights
Residential systems under 12 kW dominated sales. In a survey of system integrators, 80% identified this category as their best-selling. Commercial systems from 12 kW to 75 kW accounted for 16% of sales, while systems above 75 kW represented just 4%.
This focus aligns with capacity trends. The residential segment represented 65% of added capacity in H1 2026, a substantial increase from its 39% share in 2019. The commercial segment's share fell to 19%. This residential growth occurred amid a broader market contraction. New connections in Brazil’s distributed generation market fell by 16% in H1 2026 compared to the first half of 2025, dropping from 488,000 to 411,000. The number of new consumer units receiving credits plummeted by 43%, from 951,000 to 541,000.
Financing use also declined sharply. Only 33% of integrators’ sales involved financing in H1 2026, down eight percentage points from 2025. This financing share was the lowest recorded during the period analyzed.
Data sources and methodology
The findings come from Greener's 'Distributed Energy Solutions' strategic study. The research mapped final system prices, which combine equipment kits with integration services, based on data collected from integrators across Brazil. Kit costs were determined through price mapping and inquiries with distributors.
The study examined the first half of 2026. It highlights a market where residential adoption is strengthening its position. Residential systems accounted for 65% of added capacity in H1 2026, up from 39% in 2019.
