The company's decision to not develop projects in Brazil is part of a plan to be "a bit more selective" about which markets it targets for development and EPC work, says Joseph Kishkill, international president at First Solar.
Last month Mexico held its first competitive renewables tender, resulting in winning bids for more than 2GW of new projects, mostly solar. Enel Green Power, SunPower and Canadian Solar's Recurrent Energy were among the biggest solar winners.
"We
