Mobilizing Finance and Investment

Updates from February 2021

This month, USAID Clean Power Asia Investment mobilization staff coordinated with NREL to organize a webinar on the Renewable Energy Data Explorer (RE Data Explorer) targeted to solar project developers and investors. Developed by NREL with support from USAID Clean Power Asia, this publicly available geospatial analysis tool can support RE project developers in investment decisions. NREL has launched an enhanced and expanded version of the RE Data Explorer, which now includes best-in-class high spatial (2-kilometer) and temporal (10-minute) resolution solar resource data for the entire Southeast Asia region. The webinar will focus on the use of the RE Data Explorer for project development, specifically for the private sector. Registration details for the webinar will be available soon; please contact us here with any questions.

 

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.