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The funds provided through official development assistance (ODA) are not sufficient for ensuring universal energy access. The current level of commercial investment in renewable energy in developing countries is growing, but it still falls short of the total volume needed. Although many of the markets in question are immature, the present and future needs for clean and affordable energy represent a considerable market opportunity. Climate finance instruments represent an untapped potential for investments in renewable energy in developing countries. Private sector enterprises could also profit from public–private business models for investments in renewable energy (RE) and energy efficiency (EE).
One of the main obstacles for commercial investments in renewable energy in developing countries is the fact that the investment’s perceived risk is often greater than the investment’s anticipated return. This makes investments unprofitable and hence unlikely. The “enabling environment” is not good enough to provide incentives for sufficient investments. In essence, this explains the gap between necessary investments and actual investments in renewable energy in developing countries. In order to encourage investments, there are two highly important issues that should be focused on: To reduce the risks and/or to increase the returns.
Energy+ will work in specific areas to address these two overarching issues of risks and returns. Energy+ promotes public–private partnerships and the strategic use of public funds to leverage commercial investments through the development of enabling environments. This is one of the keys to unlocking developing countries’ green growth potential.
Energy+ engages with the private sector to identify challenges and opportunities for private investors interested in investing in renewable energy. Read more here .
AKVA group has seen a strong market response to the new AKVAconnect feeding system, released late 2016 into the Chilean market. Customer feedback has been very positive resulting in a strong increase in sales.
The project forms part of the larger 1 GW Mohammed bin Rashid Al Maktoum Solar Park
Chalet and Chaletino from BOEN is parquet flooring made with exceptionally wide and long planks of the finest timber.
Vestdavit and all staff would like to express sincere thanks for the inquiries and good wishes sent to us by our industry partners,
Technip FMC and DOF Subsea announce the delivery of Skandi Búzios and commencement of contract with Petrobras.
DNV GL has been awarded Arizona Public Service Company (APS) 2017 Supplier of the Year Award for Customer Service in recognition of its work helping APS deliver the Solutions for Business energy efficiency program.
DNV GL advises respected lenders, including Santander, on their GBP 210 million investment in a new 151 MW onshore wind portfolio.
In a new survey, half of the young women who want to study technology say that they lack female role models. With a mentoring programme for high schools and the browser extension Re-Search, technology company Semcon hopes ...
Akvaplan-niva and Roscongress sign agreement for cooperation between Arctic Frontiers and Arctic: Territory of Dialogue.
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