Aruba Solar Business Study
Latin America and the CaribbeanOctober 22, 2020
Aruba has approximately 15 MW of installed solar PV capacity, of which 9 MW are rooftop installations at residential, commercial or industrial user’s premises. These installations were developed under an existing distributed generation regulation issued in 2014. In 2019 solar PV rooftop installations are expected to reduce grid sales by around 1.1%, and this is expected to increase to 3% in 2025. WEB (Aruba’s power generation utility) is concerned about the impact that lower grid sales is having on its generation business, and is also interested in exploring how to participate in the rooftop solar business. WEB engaged K&M to identify and evaluate business models for WEB’s involvement in the development of the rooftop solar PV systems for consumers in Aruba.