Large-scale PV faces long battle to be competitive in Brazil

A study predicts that large-scale PV projects are years away for Brazil, but considers distributed generation projects to be competitive already.

“Today, solar, in terms of tenders, is not competitive,” says Maurício Tolmasquim, president of the national energy research centre, EPE, which produced the study for the Energy Ministry.

The current price for electricity generated from large PV arrays is estimated to be R$405 ($198) per MWh without subsidies, compared to prices of about R$100/MWh for wind energy in the most recent power tender and an average of R$151/MWh over the past few tenders.

Under theoretical scenarios with special financing rates and tax exemptions, the price falls to R$300/MWh.

The government…

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