SunEdison has been the dominant force in developing utility-scale solar throughout Latin America over the last year. With the initial public offering of TerraForm Global, the company is aggressively seeking new pipeline in emerging markets — and there is no better place to start than in the most attractive global growth market where SunEdison already has a strong foothold.
In the second quarter of 2015, SunEdison’s cumulative market share of the utility-scale PV market stood at 25 percent, according to the Latin America PV Playbook from GTM Research. The company installed over 30 percent of the capacity in the region in four different quarters over the last 18 months, at one time accounting for 75 percent of the installed market in a single quarter.