Investors are getting increasingly comfortable with new generations of solar technology, a shift that is also opening up new markets to subsidy-free solar, according to the China-based developer and module manufacturer Chint Solar.
While technology, in modules and elsewhere, is moving on at the industry’s normal breakneck pace, banks and other investors are increasingly comfortable with the changes.
“The trend has been to switch from poly to mono and that’s brought in bifacial as well. But all of this technology is crystalline silicon, these are improvements to the same technology so I’m confident the banks will get comfortable with it,” said Chuan Lu, president and CEO, Chint Solar.
