25 Sep '12, 3pm

Latin America Report: Emerging Markets Are Hot Spots for Solar Development

Latin America holds huge potential for solar energy due to its high electricity prices, blooming middle class and vast solar resources. The panel discusses a range of topics from hot markets to financing opportunities. Below are some notable quotes from the discussion: “We have always seen more opportunity in emerging regions just because there is a lot going on in areas that have not been covered compared to developed markets. It is interesting to watch these Latin American markets grow because they are not being driven by incentives like feed-in tariffs or grants. They are being driven by high insolation and high electricity prices, and when you put those two things together you can really make some good returns on solar PV and it makes it a really economic solution.” Michael Barker, NPD Solarbuzz “The greatest opportunity is for companies that start financing their sola...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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