Featured in A Teutonic shift – 02-2018

Vulnerable solar markets, and what makes them tick

Part III*: Low tender bidding for solar projects in Latin America is common, with low bids celebrated despite the risk of poor quality and unprofitability. There is no cushion in the margin of these projects to account for the many risks of project development. Unless governments in these regions are willing to guarantee returns, the biggest risk for Latin America is low bidding – though historically unstable economies and governments in many countries are reasons for concern.

By

pv magazine

14 Feb 2018

Though it remains one of Latin America’s leading PV markets, Chile has struggled with solar overcapacity on some days.

In truth, there are no stable markets in solar, all markets are emerging and the industry itself is an emerging – rather than mature – industry.Emerging markets are highly risky areas to invest and do business in. High risk, so the common wisdom goes, offers high reward, and this is true as long as the risks are …

This article is part of pv+

Subscribe digitally to unlock exclusive investigative reporting, expert insights, in-depth analysis, and premium background coverage. Your subscription also includes full access to the digital edition of our magazine.