The wind and solar industries have long lived in twin solitudes. Plainly, that is changing.
For governments, utilities, developers and institutional investors, wind and solar — brushing up against grid parity in most major markets now — are together lighting the way forward.
The signs can be seen in US solar powerhouse SunEdison’s $2.4bn takeover of First Wind, snapping up 521MW of wind and solar operating assets, as well as 1.6GW on the drawing board.
Differently dressed, the message can be read in Chinese wind giant Ming Yang’s third-quarter report, where, along with bumper profits, it announced “a joint offering of wind-solar complementary solutions” with concentrating PV outfit RedSolar.