The Brazilian solar photovoltaic market will be explosive growth

According to the GBI Research, a new study, Brazil's renewable energy capacity from 13,260 MW in 2012, rising to 38,015 MW in 2020, a compound annual growth rate of 14%.

GBI predict solar PV market in Brazil will be explosive growth, the average annual growth rate will reach 59%

Is expected that within eight years, it will allow the solar photovoltaic industry has rapidly risen from 31 MW in 2012 to 1276 MW. Meanwhile, the total installed wind power capacity increased from the current 2769 MW to 19,420 MW in 2020.

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