Mobilizing Finance and Investment

Updates from June 2020

To help spur additional investments in wind power in Vietnam, USAID Clean Power Asia held a matchmaking session between local developers and international investors during the Vietnam Wind Power Virtual conference on June 9 and 10, organized by the Global Wind Energy Council. During the session, developers briefly presented their company and wind power projects, and then each developer had a virtual booth for follow-up discussions with interested investors. The purpose of the matchmaking session was to present local developers to an audience of international investors with an interest in the Vietnam wind power market and to facilitate the establishment of partnerships for wind project development and investment.


How we mobilize finance and investment

Although renewable energy investments offer a range of promising new business opportunities, project developers have faced formidable financial and regulatory challenges. In the Lower Mekong region in particular, renewable energy projects receive less interest than traditional capital investments and barriers exist for banks and financial institutions to effectively engage and invest in renewable energy.

USAID supports financial institutions, developers, and other relevant stakeholders to secure and reduce the cost of finance for renewable energy projects by helping to develop innovative business models; promoting standardized documentation and evaluation practices and approval processes for financing renewable energy projects; and providing other advisory services. A broad range of models, strategic adoption of cost-efficient technologies, and comprehensive policies and regulations are key to structuring bankable projects that appeal to commercial developers. Renewable energy offers control of energy costs and margins, while tools and business models under development will improve the risk/reward profile of new projects.