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Brazil went beyond 1 Gigawatt in solar energy in operation according Sector Association

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Brazil surpassed a historic mark and now has more than 1 gigawatt in installed capacity in solar energy plants in operation, a level reached by only 30 countries in the world, said the Brazilian Photovoltaic Solar Energy Association (Absolar).

The announcement comes at a time when the country is commemorating the contracting of solar plants at the lowest prices in history at an auction to make new ventures carried out by the government at the end of December, which attracted strong market interest and generated competition between investors that has knocked down the quotes.