Solar radiation is essentially a free resource available anywhere on Earth, to a greater or lesser extent. Solar PV power plants convert solar radiation into electricity. In the current era of global climate change, PV technology becomes an opportunity for countries and communities to transform...

This report elucidates the role of financial innovation in the off-grid solar sector and provides a roadmap for practitioners, financiers, and entrepreneurs navigating capital raises for companies active in the sector. It examines a full range of established and frontier financing options. It...

Energy storage is particularly well suited to developing countries’ power system needs. Developing countries frequently feature weak grids. These are characterized by poor security of supply, driven by a combination of insufficient, unreliable and inflexible generation capacity, underdeveloped...

In the future, green hydrogen—hydrogen produced with renewable energy resources—could provide developing countries with a zero-carbon energy carrier to support national sustainable energy objectives, and it needs further consideration by policy makers and investors. Developing countries with...

For many years, offshore wind was the expensive cousin of onshore wind with generation costs in the range of $150 to $200 per megawatt hour (MWh). This changed dramatically between 2016 and 2017 when a series of competitive tenders in Europe witnessed strike prices fall below $100/MWh,...

Floating solar photovoltaic installations open new opportunities for scaling up solar generating capacity, especially in countries with high population density and competing uses for available land. Advantages of floating solar over land-based systems include higher energy yield, reduced...

Although geothermal energy is globally recognized as a clean and reliable source of heat and electric power its development can inadvertently lead to adverse outcomes that disproportionately disadvantage women. Based on good practices and lessons learned, this report introduces ways that...