Competitive solar energy
Renewable energy technologies have experienced a great cost reduction in the last years, as all the value chain from raw materials, equipment manufacturers, developers, constructors, investors, finance institutions and end owners have adapted and learned to establish a mature and globally growing industry.
Nowadays, there are many different policies that govern the markets depending on their maturity level.
There are number of growing markets that still support the development of renewable energies by Government programs, such as Feed in Tariffs or tax benefits. There are other more mature markets, where Government allow state bids for renewable energies.
Furthermore, there are markets where the so called Grid Parity has already been reached, which means that electricity generated by renewable energies is already competitive at market price, so that power purchase agreements between operators and customers are already being signed.