Solar power is reshaping energy production in the developing world
Read the full article at: www.economist.com
The cost of building energy infrastructure in Jordan is the same for solar as it is for other technologies.
“Across the developing world, solar power is hitting its stride. Rather than the rooftop panels popular in Germany, countries where solar irradiance is much stronger than northern Europe are creating vast parks with tens of thousands of flexible PV panels supplying power to their national grids. Some countries, such as China, provide generous subsidies (though these are sometimes years overdue). But in other countries solar PV is becoming competitive even without financial support.”
Implications for the energy industry abound.