International. A group of scientists from Switzerland revealed that the installation of solar energy is much more expensive than wind energy in developing countries where it included Brazil and Nicaragua in the list.
According to the calculations related to the year 2010, these indicate that the photovoltaic source needs between 2.2% and 4.5% more investment and that this trend would also be maintained until 2020 with a value between 17% and 3.4% above the wind energy.
In Brazil, alongside other nations such as India and Thailand, wind energy has a much higher cost than countries like Egypt. In Nicaragua, on the other hand, the value would be low or none.
During a 2010 United Nations conference on climate change, the creation of the Green Climate Fund was established, an organization that expects to raise about US$100 million annually by 2020.