Big power flexing muscle boosts risk for green energy markets
Major electricity suppliers are proposing to build wind and solar farms, offering low-cost construction bids to win energy-supply contracts, which is eroding profit margins and increasing competition for small, independent generators.
BY ANNA HIRTENSTEIN, BLOOMBERG
With wind and solar generators becoming more mainstream sources of energy, governments around the world are weaning the industry off subsidies and creating new openings for older utilities built on coal and nuclear power to land their own renewable-fuel projects.
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