Is Concentrated Solar Thermal Making Progress in Developing Countries?
It’s no secret that renewable energy development in developing countries is on the rise. In its most recent report on renewable energy investment, the UN states that investment in renewables in developing countries has grown over ten-fold – from USD 8 billion to USD 89 billion in the past eight years. When taking advantage of solar resources, the clear choice – assisted by large recent reductions in capital cost - has been for solar photovoltaic technologies (Solar PV).
