The Role of the Public Sector in Mobilizing Commercial Finance for Grid-Connected SolarProjects : Lessons from Seven Developing Countries

Toga Makang, Monyl Nefer ; Dobrotkova, Zuzana

World Bank, Washington, DC

关键词: PUBLIC INVESTMENT MANAGEMENT;    PUBLIC FINANCING;    INVESTMENT PROMOTION;    PUBLIC SUPPORT;    TECHNOLOGY INNOVATION;   

RP-ID  :  139003

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

This report assesses the role of publicinterventions in mobilizing commercial financing forgrid-connected solar projects in seven developing countries- Chile, India, Maldives, Morocco, the Philippines, Senegal,and South Africa. Desktop research is complemented byinterviews with development professionals, academics, andpublic officials, and the results of an online surveydeveloped to gain insights and perspective from privatedevelopers and other commercial capital providers. The focusis on the ability to attract commercial investors andlenders, without analysis of the financing terms. The scopeis limited to utility-scale, grid-connected projects becauseof the risk concentration inherent to large projects and theimportance of large-scale investments in clean energy forthe transition toward low carbon development pathways. Theanalysis puts into perspective the linkages between globaland country-specific factors, the complexity andmultifaceted nature of the choices that decision makersface, and their rationale for pursuing a specific course ofaction. This report is the first chapter of The Role of thePublic Sector in Mobilizing Commercial Finance forGrid-Connected Solar Projects: Lessons Learned and CaseStudies, that comprises the case studies that have supportedthe analysis.