Here’s a paradox: in one of the world’s sunniest countries, the Brazilian government remains lukewarm about its solar power potential, despite its plummeting costs. Brazil’s official energy policy, outlined in its recently published Ten Year Energy Plan 2026, still gives priority to hydropower and fossil fuels. Renewables are expected to provide about 160 GW by 2026, with solar accounting for just short of 10 GW. In 2016 a promised auction, planned to invite bids from solar companies to supply energy, was cancelled. The government’s explanation for neglecting solar in this way is the high cost of implementing projects. Yet new studies show that in many countries solar energy is now cheaper than other renewables and, in some, cheaper than coal and oil. In some it is even the cheapest source of energy.
Climate News Network 27th Dec 2017 read more »