The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies
This report assesses the role of public interventions in mobilizing commercial financing for grid-connected solar projects in seven developing countries - Chile, India, Maldives, Morocco, the Philippines, Senegal, and South Africa. Desktop research...
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World Bank, Washington, DC
2019
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| Online Access: | http://documents.worldbank.org/curated/en/162241562797496542/The-Role-of-the-Public-Sector-in-Mobilizing-Commercial-Finance-for-Grid-Connected-Solar-Projects-Lessons-Learned-and-Case-Studies http://hdl.handle.net/10986/32185 |
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okr-10986-321852021-05-25T09:26:37Z The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies Toga Makang, Monyl Nefer Dobrotkova, Zuzana PUBLIC SUPPORT SUBSIDIES TECHNOLOGY INNOVATION MARKET SIZE PUBLIC FINANCING SOLAR ENERGY ELECTRICITY PRIVATE INVESTMENT PUBLIC SECTOR INTERVENTION This report assesses the role of public interventions in mobilizing commercial financing for grid-connected solar projects in seven developing countries - Chile, India, Maldives, Morocco, the Philippines, Senegal, and South Africa. Desktop research is complemented by interviews with development professionals, academics, and public officials, and the results of an online survey developed to gain insights and perspective from private developers and other commercial capital providers. The focus is on the ability to attract commercial investors and lenders, without analysis of the financing terms. The scope is limited to utility-scale, grid-connected projects because of the risk concentration inherent to large projects and the importance of large-scale investments in clean energy for the transition toward low carbon development pathways. The analysis puts into perspective the linkages between global and country-specific factors, the complexity and multifaceted nature of the choices that decision makers face, and their rationale for pursuing a specific course of action. The report is intended for policy makers and development partners, including development banks and other donors providing technical assistance in developing countries. It should also be of interest to investment and commercial banks, developers, investors, and other players active in the solar market. For governments and policy makers, the findings are expected to inform decisions on allocating public financing for leveraging commercial investments and inform their decision-making process. For development partners, the report provides a useful perspective on their efforts to attract non-public sources of financing in support of the development agenda. 2019-08-06T15:32:19Z 2019-08-06T15:32:19Z 2019-06-29 Report http://documents.worldbank.org/curated/en/162241562797496542/The-Role-of-the-Public-Sector-in-Mobilizing-Commercial-Finance-for-Grid-Connected-Solar-Projects-Lessons-Learned-and-Case-Studies http://hdl.handle.net/10986/32185 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Energy Study Chile India Maldives Morocco Philippines Senegal South Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
PUBLIC SUPPORT SUBSIDIES TECHNOLOGY INNOVATION MARKET SIZE PUBLIC FINANCING SOLAR ENERGY ELECTRICITY PRIVATE INVESTMENT PUBLIC SECTOR INTERVENTION |
| spellingShingle |
PUBLIC SUPPORT SUBSIDIES TECHNOLOGY INNOVATION MARKET SIZE PUBLIC FINANCING SOLAR ENERGY ELECTRICITY PRIVATE INVESTMENT PUBLIC SECTOR INTERVENTION Toga Makang, Monyl Nefer Dobrotkova, Zuzana The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies |
| geographic_facet |
Chile India Maldives Morocco Philippines Senegal South Africa |
| description |
This report assesses the role of public
interventions in mobilizing commercial financing for
grid-connected solar projects in seven developing countries
- Chile, India, Maldives, Morocco, the Philippines, Senegal,
and South Africa. Desktop research is complemented by
interviews with development professionals, academics, and
public officials, and the results of an online survey
developed to gain insights and perspective from private
developers and other commercial capital providers. The focus
is on the ability to attract commercial investors and
lenders, without analysis of the financing terms. The scope
is limited to utility-scale, grid-connected projects because
of the risk concentration inherent to large projects and the
importance of large-scale investments in clean energy for
the transition toward low carbon development pathways. The
analysis puts into perspective the linkages between global
and country-specific factors, the complexity and
multifaceted nature of the choices that decision makers
face, and their rationale for pursuing a specific course of
action. The report is intended for policy makers and
development partners, including development banks and other
donors providing technical assistance in developing
countries. It should also be of interest to investment and
commercial banks, developers, investors, and other players
active in the solar market. For governments and policy
makers, the findings are expected to inform decisions on
allocating public financing for leveraging commercial
investments and inform their decision-making process. For
development partners, the report provides a useful
perspective on their efforts to attract non-public sources
of financing in support of the development agenda. |
| format |
Report |
| author |
Toga Makang, Monyl Nefer Dobrotkova, Zuzana |
| author_facet |
Toga Makang, Monyl Nefer Dobrotkova, Zuzana |
| author_sort |
Toga Makang, Monyl Nefer |
| title |
The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies |
| title_short |
The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies |
| title_full |
The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies |
| title_fullStr |
The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies |
| title_full_unstemmed |
The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected Solar Projects : Lessons Learned and Case Studies |
| title_sort |
role of the public sector in mobilizing commercial finance for grid-connected solar projects : lessons learned and case studies |
| publisher |
World Bank, Washington, DC |
| publishDate |
2019 |
| url |
http://documents.worldbank.org/curated/en/162241562797496542/The-Role-of-the-Public-Sector-in-Mobilizing-Commercial-Finance-for-Grid-Connected-Solar-Projects-Lessons-Learned-and-Case-Studies http://hdl.handle.net/10986/32185 |
| _version_ |
1764475982452883456 |