Brazil's solar industry started 2015 with a bang when state development bank BNDES  – the nation's main infrastructure finance institution – announced a R$26m ($9.8m) credit line for the country's first PV module plant.

That factory is planned by Pure Energy, a start-up owned by a local construction company, which aims to fight for a share of a market that will kick-off with 31 projects totalling 890MW to be built by 2017.

Other