PV power plants: Corporations want in on the falling costs and predictable prices of wind and solar. Bilateral power purchase agreements have emerged as one new business model among several that businesses are employing as they get serious about renewable energy, both in the United States and abroad.
Chile’s largest mining group is taking the bankrupt renewable energy developer to court, alleging that the Amanecer PV plant is not producing the contracted output.
Last year 56 MW of solar PV was installed, which brings the nation’s cumulative capacity to 170 MW.
IHS highlights the relevance which public auctions have acquired for the growth of solar PV in Latin America. Argentina is among the new PV markets in the region, where a new renewable energy auction was recently launched with a quota of 300 MW of solar.
European markets: In a continent seeking ever closer union but ever stronger opposition, solar’s ability to stand on its own two feet – free from subsidy – will prove crucial in the coming years, as seen in the disparate approaches many European nations are taking towards PV.
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