Solar Power

Solar energy, while abundant and readily available, did not play a substantial role in the energy supply mix in the past as the costs of converting it into electricity were too high for it to be attractive.

Yet, a growing awareness of environmental pollution and its consequences has sparked interest in photovoltaics as an energy source. Utility-scale photovoltaic installations have emerged and conquered the energy market in the last two decades. Highly competitive Levelized Costs of Electricity (LCOE) reflect the current state of the market.