For the past few years, most analysts have predicted Brazil would become a leading force for solar in Latin America. Until October 2014, however, the market failed to mature as most observers thought it would.
The primary obstacle was, as it is in other countries, financing.
In the residential market, the government instituted a net-metering program — a billing mechanism that credits solar-energy-system owners for the electricity they add to the grid — in 2012. In other countries, net-metering has driven some of the most successful solar markets, including the United... Read More