The content has been shared, if you want to share this content with other users click here.
Solar energy has advantages and disadvantages.
The free, unlimited resource would appear an attractive power generation option for any Latin American country looking to add capacity or diversify its power matrix.
Indeed, installed solar capacity in the region is growing. Latin America passed the 1GW of installed solar capacity mark in 2015 as developers power ahead with new projects, particularly in countries like Chile, an attractive solar market.
Renewable energy supplied more than 10% of Chile's total power generation in August, according to state renewable energies center Cifes.
In addition, costs for key components, such as panels for photovoltaic solar plants, are falling, and Latin American countries are developing policies to promote renewables in a bid to increase energy security, diversity their energy mixes and avoid potential social and economic opposition that large-scale thermal or hydropower projects tend to generate.
Chile, for example, is betting heavily on non-conventional renewable energy resources such as solar, and the country plans to be generating 20% of power from the sources by 2025.
Advantages and disadvantages of solar energy
Advantages of solar energy include the following:
Disadvantages of solar energy include the following:
* Other stories, as well as analysis and features, on solar energy in Latin America.