SRC Global Inc

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Why Renewable Energy?

Clean, renewable energy resources include solar thermal energy, solar photovoltaic, wind energy, hydro power, biomass, etc. As costs of these technologies continue to decrease, their deployment will become increasingly competitive with conventional energy resources and there is likely to be tremendous growth in their implementation.

Renewable energy provides many benefits similar to energy efficiency with respect to reduced energy shortages, decreased local environmental impacts, and contribution to global climate change mitigation.

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Need for Scaling Up Renewable Energy Deployment

In developing countries, renewable energy resources can be deployed as grid-connected or as off-grid systems. Both types of systems face many technical, financial and regulatory challenges and barriers to their deployment and scaling up. While governments and international financial institutions have implemented a number of approaches to address these challenges and barriers, there is a need for innovative regulatory and financial solutions to scale up the deployment of renewable energy.

SRC Global Services

Assessment of potential for renewable energy
Development of national legislation and regulatory initiatives for renewable energy
Development of national and regional renewable energy strategies and action plans
Identification of major barriers to renewable energy deployment and development of approaches to overcome these
Development of innovative financing mechanisms to scale up renewable energy implementation
Assistance to project developers in preparing bankable project proposals
Assistance to banks and financial institutions to scale up renewable energy lending
Development of risk management strategies
Training and capacity building of project developers, regulatory agencies, and banks/FIs with respect to renewable energy technologies and implementation business models.