How to Scale Solar Power Generation in Emerging Markets
Solar power is an increasingly affordable, quick-to-build solution for countries in need of additional electricity generation. Yet many emerging markets face challenges to developing photovoltaic projects, as small project sizes and lengthy negotia...
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| Format: | Brief |
| Language: | English |
| Published: |
International Finance Corporation, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/228281477471340104/How-to-scale-solar-power-generation-in-emerging-markets http://hdl.handle.net/10986/30343 |
| Summary: | Solar power is an increasingly
affordable, quick-to-build solution for countries in need of
additional electricity generation. Yet many emerging markets
face challenges to developing photovoltaic projects, as
small project sizes and lengthy negotiations increase costs
and timelines. Scaling Solar, launched by the World Bank
Group in 2015, addresses these issues by providing an
easy-to-follow process to plan, procure, and launch
grid-connected solar projects using private sector financing
within two years of engagement. It offers governments the
tools to quickly increase energy generation at stable low
tariffs and allows developers to bid on well-structured,
standardized projects through a competitive, transparent
process that reduces risk and costs, making new markets
easier to navigate. |
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