Solar thermal melts as PV solidifies (Albuquerque)
Until recently, most energy developers expected concentrating solar thermal power plants to dot desert landscapes in New Mexico and other Western states.
But thanks to the recession, solar photovoltaic systems are, instead, gaining ground as excess inventories and innovation lower costs, and as risk-averse banks prefer to back PV over emerging solar thermal technologies.
That’s put solar thermal electric development on the back burner in New Mexico and elsewhere, at least in the short term, said Jason Marks of the New Mexico Public Regulation Commission.
Read the full report in the New Mexico Business Weekly
Comments
If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.