In the U.S., with rising energy demand and 1% of existing power facilities scheduled to be retired annually, “that is a massive amount of new investment every year. There’s fundamental demand,” Mr. Boyce said.
“Investors are moving into the (solar) space,” particularly as skepticism about high production costs fades, he said. He sees solar and wind as equally important in the renewable equation, but in the U.S., the infrastructure to transmit them “is the No. 1 issue facing renewables,” particularly for wind, which “is extremely location specific,” Mr. Boyce said.
Connecting power grids is a key challenge for solar energy, along with battery storage, said Ms. McGuckian of NTR. Still, with the EU “now saying we have to accelerate renewables, the fastest will be solar and wind,” she said.
“When it comes to Europe, solar is core and central to the whole EU energy policy. It is one of…
Solar energy attracting more institutional investors
