07 Jul '12, 8pm

Brazil: Solar Cheaper than Grid Electricity

Brazil: Solar Cheaper than Grid Electricity

As recently as June, during the World Renewable Energy Forum, U.S. Department of Energy Secretary Steven Chu said that Brazil would join a growing number of countries where solar is at parity with grid-supplied electricity. He noted that prices for grid-supplied electricity in both Italy and Spain are at parity with solar now. “Australia has now dipped below that and can now dip into this mode of: ‘Oh! That’s cheaper. By 2013 Brazil will slip in and California is on the cusp. This is residential,” he said.

Full article: http://www.solarfeeds.com/brazil-solar-cheaper-than-grid-...

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