Featured in Solar Speaks – 08-2016

Sufficient market to create an industry?

Brazil: Brazil’s current energy glut and political and economic difficulties have forced it to cancel one of its 2016 solar power auctions. Nevertheless, the industry hopes that in the October tender up to 2 GW of solar will be awarded. Meanwhile, of the 3 GW awarded previously, and which ought to go into operation between 2017 and 2018, only 700 MW are currently under construction.

Developers of more than 9 GW of solar power projects have recently been forced to reconsider their strategies. They were getting ready for the tender scheduled for the end of July when, out of the blue and just a month before the publication date, the Brazilian government decided to postpone it. In fact, it may …

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