14min chapter

The Green Blueprint cover image

Why concentrated solar couldn’t compete

The Green Blueprint

CHAPTER

Navigating Solar Challenges

This chapter examines the hurdles in the solar energy sector, particularly focusing on the permitting processes that affect project execution and the competitive dynamics between concentrated solar power (CSP) and photovoltaic (PV) technologies. It highlights a significant board meeting in 2012 that prompted a reevaluation of CSP's viability amid declining PV costs, revealing the industry's struggle to adapt to an evolving market. The discussion emphasizes the importance of foresight and adaptability in a rapidly changing energy landscape, concluding that rigid adherence to past technologies can jeopardize a company's future.

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