Small Solar Is Driving Biggest Green Market in Latin America
Solar installations are set to jump in Brazil – the Latin American giant accounting for over 80% of the total clean energy investment in the region last year. The boom is driven by small-scale plants of 5 megawatts or less. These catapulted Brazil to the world’s third largest solar market in 2023, after China and the US, and ahead of countries like Germany and India.
It is a good time for the country to showcase its green credentials. It will preside over UN’s COP30 climate conference in 2025, and is leading the G20 this year.
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