Climate Changed

Company That Offered Cheapest Solar Sees Prices Falling More

  • Solarpack offered record low price in Chile auction in August
  • ‘None of the fundamentals have changed’ in market since then
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The company that sold solar power at a record low in Chile in August sees prices going down even more at the country’s next energy auction in October.

“There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, said in an interview in Santiago. “Prices will possibly be lower.”