Breaking the waiting game: making solar
projects in Africa bankable
Announcements, articles and news updates about utility scale development in Africa are plentiful and encouraging. At the same time, the lead time between announcement, financial close and construction are slow compared to other continents. Waiting seems to be both a strategy and an insurmountable challenge, leaving the population and its energy demand underserved.
- How can we end the waiting game and
- What is the role of governments and
developers in decreasing lead time?
- How to improve trust and understanding between the parties involved to facilitate a smoother process?
New approaches to blended finance to scale
Access to electricity is a development imperative, and national governments along with development partners are increasingly engaged with off-grid solar technologies as a way to accelerate access faster than through traditional grid extension efforts.
- How can this interest be translated into smart
ways to blend public funds with private investment to provide appropriate financing for off-grid companies?
- What are the risk appetites and expected returns for different types of actors in the sector, and is it possible to find suitable blends for diverse companies and markets?