Brazil’s new legislation to foster investment in distributed solar

Brazil has made international headlines on political and economic issues lately, most of which did not paint a rosy picture of the country’s current situation. Nonetheless, development of the solar sector is on a promising path, with the successful execution of several large-scale PV auctions and increasing interest from industry players to set up a local value chain. The much touted small-scale distributed generation (DG) PV segment, however, is still struggling to meet growth expectations. Brazil has recently introduced new legislative measures to stimulate the DG segment, yet will these provide the remedy the market needs?