Developing the future: the mainstreaming of solar PV
From playing a key role in facilitating the scaling of the solar sector, to opening new markets and enabling grid and energy storage technologies, multilateral financial institutions have been an important part of the ongoing global energy transition. And as Felicia Jackson writes from London, with the expansion of “green banks” and clean-energy lending, the role of these institutions is only set to expand.
Solar PV is leading the low-carbon energy revolution. Innovation, corporate commitments, and policies and regulations to address climate risk and consumer concerns mean that the sector is positioned for more growth, despite a decade of acceleration.The technology has the potential to transform the lives of those without access to electricity – about 350 million people …
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