The US-based renewables giant added nearly 1GW to its pipeline of solar projects during the final quarter of 2014, a three-month stretch during which the price of Brent Crude fell from $95 to $57.
That growth “should help dispel the myth that oil prices impact renewable-energy demand”, Chatila said in a conference call on Thursday.
There is an “interesting albeit unfounded correlation between oil prices and sentiment towards renewable-energy players”, he said.
But