Description

This research service examines the renewable energy generation market in the Andean Region, which is divided into the following segments: small hydropower, biomass generation, solar photovoltaic power generation and wind power. The region will have a significant growth due to commissioning of wind and solar photovoltaic power plants in the short term. In this study, the market is strictly associated with renewable energy power plants, which can be developed or restrained according to renewable energy supportive policies. This research service provides power generation units and revenue forecasts, along with a market share and competitive analysis for participants in the region. Conclusions about the market’s future are included.