30 Jan '16, 3am

Deutsche Bank: Solar PV cheapest source of electricity in Chile SolarServer

Deutsche Bank Equity Research North America recently conducted a round of checks with solar photovoltaic (PV) developers in Chile – a market which has become one of the more important growth drivers for many solar companies recently. Checks indicate that solar is now the cheapest source of electricity generation and 2015 installs could exceed 1 GW. Although the longer term outlook looks promising, access to good transmission lines and grid saturation remain a major challenge which could potentially impact the growth outlook over the next 2 years, according to Deutsche Bank Equity Research. First Solar and SunEdison stand to benefit from near term growth in this market, which represents less than 10% of the total global PV installs, but has been growing significantly over the past 12–18 months. Solar now at grid parity in Chile Solar and wind are now cheaper sources of powe...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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