SWH TechScope Market Readiness Assessment of Six Latin American Countries

This regional assessment report applies the SWH TechScope Market Readiness Assessments Methodology in six Latin American countries: Colombia, Ecuador, El Salvador, Guatemala, Paraguay and Perú. It is recommended that the SWH TechScope Market Readiness Assessment Report be read in parallel with this report.

This assessment report highlights how much geographic and macroeconomic factors, as for the access to markets and financing, are robust enough for the development of the SWH market and the potential of growth in the Latin American region.

The report remarks that although solar energy has emerged as an option for projects of institutional, commercial and service sectors, it still remains low for the residential sector. Latin America geographic areas have good potential for harnessing solar energy through different applications, however due to climatic characteristics, there are areas where water heating has a low participation in energy demand, and so technology penetration will still remain low. The report concludes that there are significant barriers related to lack of credibility, trained personnel and knowledge of the general public and academia on this technology. One of the main needs is to define standards and have testing facilities and certification schemes that ensure the performance, durability, safety and reliability of solar water heating systems, contribute to consumer confidence and facilitate the regional dynamics of development in this technology.


Date: 2015

Pages: 101

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