US Solar Developers Need to Look Beyond Capex—and Start Thinking About the Long Term

By [email protected] Utility-scale solar projects in North America are different from those built elsewhere in the world. Solar project costs drive procurement and design decisions no matter the location. But in the U.S., upfront cost is king.

“The engineering, procurement and construction (EPC) firms in North America tend to have a capex-oriented perspective while most everyone else in the deal has a long-run perspective,” said Bates Marshall, vice president and general manager of Huawei FusionSolar Smart PV solution for North America.

The strong focus that North American EPCs have on capital expenditure is the result of two central factors: risk and time. “Because of

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