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Join the ASES Solar Workshop on June 19, 1998, to explore primary challenges, actions, and perspectives in renewable energy market development. Discover how private capital is essential, new technology is reshaping options, and the role of public institutions is evolving. Gain insights into attracting private capital, reducing credit risks, and enhancing access to credit. Learn about initiatives in Asia and Latin America, from financing projects in China to community investments in Brazil. Explore ways to leverage new funds, improve rural productivity, and promote sustainability.
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ASES Solar 98 FINANCING WORKSHOP John KadyszewskiWinrock International June 19, 1998
Winrock Perspectives Primary Challenges Winrock Actions What have we learned? Overview
Private capital essential for renewable energy market development Global privatization of power sector bypassing rural areas New technology changing development options New role required for public institutions Winrock Perspectives
Set development priorities Create enabling environment Reduce credit risk New Role for Public Institutions
Make markets visible Develop local operational infrastructure Lower investment transaction costs Improve access to credit Increase ability to pay Reduce the real cost of capital Primary Challenges
Cost of Capital GDP Real Interest Rate Time
Build local capacity Implement model projects Catalyze investment Winrock Actions
YBUL PEI Fundacíon Solar REGAE EACA SELCO MICROSUL ABEER ACOPE APETINDO Build Local Capacity
NGOs manage small wind systems in Indonesia Subsidy-free PV in India Lower transaction costs in China Financing renewables in the Philippines What have we learned in Asia?
Target markets where energy willincrease income Strengthen NGO capability tomaintain systems and collect fees Technical assistance to assureincome growth Indonesia Wind Systems
Cash sales Sales through banks Leasing Sales via IREDA loans Sales through local institutions Marketing Mechanisms of SELCO India
Form local joint venture company Prepare projects for Swiss environment fund Preparing Projects in China
Strengthen enabling environment Conduct local due diligence Reduce transaction costs PEI Finances Renewable Energy
Financing operational infrastructurein the DR Invest through communities in Brazil NGO investment in Guatemala What have we learned in Latin America?
Lease-to-own program Provide credit for service companies Co-invest with local banks REGAE--Financing Operational Infrastructure in the DR
World Bank loan for Ceara, Bahia, and Minas Gerais 1-3 million households over 10 years Follow community priorities Invest Through Communities in Brazil
Educate donors on importance of credit versus gifts Link renewables with relevant applications Leverage new funds NGO Investment in Guatemala--Fundacíon Solar
Plan International World Vision UN High Commissioner for Refugees Fundacíon Solar NGO Partners
Improved access to information New ways to increase rural productivity Enhanced quality of life New Technology Changing Options
Allocation of government resourceswithout recovery Allocation with recycling Recycling with market interest rates Commercial financing Stages of Finance in China
Affordability Manage credit in concert with ability to pay Avoid damaging markets with subsidies Create new pathways for finance Move from allocation to market returns Renewable Energy Issues in China