Finding the money to finance distributed solar
India: Distributed solar has great potential to rapidly alleviate electricity shortages and strengthen the resilience of power generation in India. However, this would require a great deal of funding. A range of new financing models has emerged in recent years which could play a major role in expanding distributed solar in India. David Fullbrook of DNV GL identifies several new financing models, which, given the policy context, could have a big impact.
Prime Minister Narendra Modi’s seemingly boundless ambition is raising high hopes for tackling many of the challenges facing India, not the least of which is energy. If hopes are to be realized, India will need more than targets. A smoother road for development is essential and wider options for financing are crucial, especially for distributed …
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