Despite regulatory ambiguities, the general consensus from industry stakeholders at this year’s Solar Energy UK | Clean Energy Live exhibition is that Africa’s solar sector is ripe for new entrants, posing a significant opportunity that should not be missed.
Solar ranks lowest in terms of projected Capital Expenditure (CAPEX) for electricity generating technologies in 2030, according to the National Renewable Energy Laboratory’s 2016 Annual Technology Baseline (ATB).
PV manufacturing capacity expansions planned this year are expected to push production levels beyond anticipated demand in 2016, creating further cost pressures for suppliers.
Chile has streaked ahead of its Latin American rivals after becoming the first country in the region to surpass 1GW of installed solar capacity and brush off its classification as an ‘emerging market’. Tom Kenning assesses the country's prospects as it looks to go even further with renewable energy deployment.
