The vitality of the market, the decreasing costs and the professionalization of photovoltaics are breathtaking. The main drivers are large-scale solar power stations, and in many countries they are now generating cheaper electrical energy than conventional power plants. In a number of countries including Saudi Arabia, the United Arab Emirates, Peru and Chile, solar power has already been offered at less than 2.5 euro cents per kWh in tenders for large PV parks. The International Renewable Energy Agency (IRENA) forecasts that by 2020 electricity production costs in PV power plants will drop a further 50%, and costs for all renewable energies will draw level with those of conventional power plants.
With installations of up to 1 gigawatt, new records have been set. And there are still a great many new developments on the horizon. Design, technology, operation, maintenance and financing are becoming ever more professional – with advances including hybrid power plants with battery storage systems or in combination with wind power and diesel generators, monitoring with drones, cleaning with robots, financing through green bonds and leasing, and marketing through power purchase agreements (PPAs). Under the heading PV Power Plants, leading businesses, experts and investors from around the world will come together to exchange ideas about the latest trends and showcase practically oriented professional solutions.
Exhibitors of Intersolar Europe 2018EPC contracting / project development for solar power plants