Solar Photovoltaic Energy more cost-effective as of 2023

In Latin America photovoltaic solar energy will become the most cost-competitive technology on the market by the year 2023. These data are the results of the latest report by Wood Mackenzie, in which it is evident that the cost-benefit ratio of the photovoltaic sector should extend until the year 2050.

The parameters presented highlight the rise in this market, which makes up Latin America and highlights Brazil as one of the beneficiaries of this growth, mainly due to the performance that the country presented in 2022 in the solar branch.

The country has a territorial space of great solar irradiation and with government guidelines favorable to photovoltaic progress, there is no denying that CGC, being a company that operates strongly in this segment, will have even more prominence in the coming years.

These advantages of CGC are also shared with its investors, who will get attractive returns on their invested capital.
Be part of this rise by investing in solar power plants!

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Source: https://www.woodmac.com/press-releases/solar-pv-to-overtake-onshore-wind-in-latin-america-from-2023/