IN-DEPTH: Brazil solar prices fall

Solar panels at the Pituaçu football stadium in Salvador de Bahia, Brazil

Solar panels at the Pituaçu football stadium in Salvador de Bahia, Brazil

Solar energy expensive in Brazil? Not any more.

Developers have shown the Ministry of Energy a study suggesting that the R$300 ($150) per MWh so-called break-even point for PV projects has plummeted to R$140 in some cases.

The figure is a long way behind wind prices - which hit R$90/MWh in the most recent tender, although that figure is expected to rise this year due to new government measures. But solar prices have reached a mark that raises the question: is it time to promote a special tender for solar and set the foundation stone of a local Log in to read complete article.

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