1345 JAWilliams

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Financing Solar Energy: 

Financing Solar Energy Comments by Prof. Jan-Olaf Willums Board member Renewable Energy Corporation Norway

Product value chain: 

Product value chain Silicon Wafer Solar Cell Solar Module Off-grid e.g. solar home system Grid connected system

Focus on the key growth areas in the PV market segments*: 

Focus on the key growth areas in the PV market segments* Large volume grid-connected: Profitable if you are a major player Off grid 3. world concessions and systems sales: Profitable if built on systems competence and SHS experience MW As suggested in REC’s January Strategy paper, based on data from Sarasin Basic report – Photovoltaics 2002, excluding consumer products

Challenges for PV Financing: 

Challenges for PV Financing Concession Concept Valuable structured concept with orderly private-public partnership structure Requires a high competence with the autrhoritites Requires financial planning and predictability Combined grid/noin-grid concessions Adapted Microfinancing to SHS needs Solar energy bonds Move financing from asset- focus to a bond focus Develop solar service entrepreneurs