Economic performance and policies for grid-connected residential solar photovoltaic systems in Brazil

► Debt financed grid-connected PV on Brazilian rooftops can be economically feasible since 2011. ► The cost of capital in Brazil is the decisive parameter in PV competitiveness with conventional generation sources. ► Low-cost, long-term financing is an essential requirement for PV to become an economically justifiable generation alternative. ► The Brazilian market holds huge potential for distributed, residential rooftop PV systems of small size.