Instructor: Brendan Noakes
The commercial and residential rooftop solar PV market continues to develop in key markets like Europe, the US, and China. Other less developed countries however, are slowly becoming the leaders in solar PV growth. These developing nations lack traditional energy infrastructure and have historically struggled with high electricity prices across their networks. Where the U.S. offers significant tax incentives and state based reductions, countries across Africa and small developing island nations simply have high sunlight irradiation and soaring electricity prices: creating an attractive market for solar investors and developers.
Clients like Sybac Solar are focusing on the U.S. for the next two years, but will ensure its efforts to remain in the Caribbean and other parts of the world. With over 100MWs in Latin America, case studies on Sybac's (and other developers') international projects, will be compared to those made in the U.S. As solar projects in these countries occur more frequently, the course will highlight the inputs that developers seek out, to develop a project in foreign markets. Despite these investments being quite 'risky' - market liquidity has increased, and infrastructure funds have become increasingly interested in this sector.
This course will highlight the key differences in U.S. solar development and international solar development (focusing on African nations and Latin American countries). The syllabus will seek to identify how solar, and renewable energy in general, is shifting to being a mainstream solution for these markets and not just a green luxury for developed nations. The course will investigate markets for rural household lighting with solar home systems and large scale solar projects. What was once a risky investment is now a staple for many solar investors/developers.
Watch this capstone presentation on YouTube.