From black gold to light
Nice analysis from Kristopher James Kent
When record-breaking bids to provide low cost solar energy to the Middle East began appearing from 2016 onwards, some commentators suspected that hidden government subsidies or loss-leader tactics were at play in order to secure a position in a burgeoning industry. In a region so synonymous with oil production, the surprisingly low solar prices from relative newcomers to the renewable energy game raised eyebrows.
“Advances in renewable energy technology and storage drive a new view of energy economies”
-Ray Dean
