[The Future of Solar in Latin America ]
ClearSky Advisors has recently evaluated the attractiveness of each market in Latin America by quantifying the relevant fundamental and political factors which will drive solar installations over the next several years. Fundamental factors include solar insolation, the cost of electricity and current PV market maturity while political factors include the effectiveness of existing solar policies, new generation required and economic and investment risks.
Given these factors, the most promising solar PV markets in Latin America are shown in the chart below. Darker coloured cells indicate greater attractiveness for future solar development for the associated factor and country.
By Mark Bissegger, ClearSky Advisors
ClearSky Advisors has recently evaluated the attractiveness of each market in Latin America by quantifying the relevant fundamental and political factors which will drive solar installations over the next several years. Fundamental factors include solar insolation, the cost of electricity and current PV market maturity while political factors include the effectiveness of existing solar policies, new generation required and economic and investment risks.
Given these factors, the most promising solar PV markets in Latin America are shown in the chart below. Darker coloured cells indicate greater attractiveness for future solar development for the associated factor and country.
By Mark Bissegger, ClearSky Advisors