The usual suspects
Global solar forecast: As policy announcements and changes trickle in from around the world, Mercom Capital reiterates its 2016 global solar forecast of 64.7 GW, with China, the U.S., Japan, and India to make up the top four solar markets respectively this year, writes Mercom Capital Group CEO Raj Prabhu.
The proliferation of solar auctions around the world was an important development in 2015. Initially, developed nations adopted feed-in tariffs (FITs), Renewable Portfolio Standards (RPS), and tax credits, while developing nations moved toward auctions. With subsidy costs from solar becoming an issue in many countries, several are now embracing auctions, which have their own merits …
Advertisement
Advertisement
Advertisement
Advertisement