The need for renewable solutions of energy production calls for an expanding market for solar energy. Image source: Shutterstock(#560553487)
Solarcentury, Britain’s largest solar power company, is now doing business overseas as the British government cut support for renewable energy after the last elections. In a major deal with Panama-based private equity investor ECOSolar, the company has secured multiple projects worth £3 billion in total. Looking for markets in Mexico, Chile, Colombia, Argentina, Solarcentury expects to gain 85 percent of its revenues from outside of Britain in the current financial year.
Seeing the emerging market for battery and solar installations as a promising way to maximize financial benefits, Solarcentury has also built a dedicated team working on battery systems.
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