30 Sep '14, 5pm

Latin America And Caribbean Region Expected To Install 9 GW Of Solar In 5 Years

Ony two-thirds as many projects in “pre-planning” as approved? That can’t be right, unless the market is collapsing, which is clearly not the case. Even in a steady state, you would expect the number of projects under study to be a multiple of those implemented. More likely, developers are not prepared to reveal to Solarbuzz the range of prospects they are looking at. When thy file an application with regulators, it’s public knowledge and the answers will normally be truthful. Not all approved projects will be implemented, if they depend on expectations about prices that don’t pan out. But most will, sometime; the project file is already a substantial investment.

Full article: http://cleantechnica.com/2014/09/30/latin-america-caribbe...

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