The days of naming financing as one of the major hurdles for Indian solar appear to be coming to an end in 2017 as record low tariffs were enabled by a newly-attractive fiscal environment. PV Tech caught up with Kuljit Singh, partner, Transaction Advisory Services at EY, to discuss a potential spate of Indian solar IPOs, pension fund interest, Masala bonds and the future of the market.
A nation made up of thousands of small islands should be a blessing to any off-grid renewable energy firm, but poor access to upfront financing makes Indonesia a tougher proposition than one would expect. To discuss the market, PV Tech caught up with Verania Andria, associate director, community renewable energy, Millennium Challenge Account Indonesia, which focuses on financing off-grid renewables in Indonesia with grant funding.
Ecoligo is a Berlin-based crowdfunding start-up for solar projects in Africa’s commercial and industrial (C&I) market. Even though it is a company still very much in its infancy, it is already making waves by providing competitive alternatives to traditional bank loan products and connecting German private investors to tailored off-takers.
After experiencing their own problems with potential induced degradation (PID), Belgium-based Edison Energy took matters into its own hands and developed the Pidbull solution in partnership with imec. Now it sells Pidbull to anyone experiencing issues with PID. As managing director Davy Verheyden explains, it is a problem solar asset owners cannot afford to ignore.
PEG Africa is a pioneering pay-as-you-go (PAYG) solar company focused on West Africa. Co-founder and CEO Hugh Whalan stopped by PV Tech to discuss why this business model is filling gaps in Africa's off-grid solar market, and how it has potential to evolve into meeting needs of consumers beyond electricity access.
Monica Maduekwe, coordinator of Gender Mainstreaming at the ECOWAS Centre for Renewable Energy and Energy Efficiency (ECREEE) caught up with PV Tech to discuss ways in which the organisation is addressing existing barriers to equal participation, including utilising a US$1 million fund from the African Development Bank.
San Francisco-based SunFunder is a solar finance business with a mission to unlock capital for solar energy in emerging markets. It primarily aggregates investment capital through its beyond-the-grid and Solar Empowerment funds, thereby giving accredited investors the opportunity to invest in their on-grid and off-grid solar portfolio. Andrea Griffin, SunFunder’s vice president of global business development, stopped by PV Tech to discuss investment, currency risk and energy storage in West Africa.