The second review period for REN21’s 2014 Global Status Report will begin this Friday April 4th and will run until Wednesday April 16th. This is an open peer review process; your feedback, as well as additional information that you may have, is welcome and will help to strengthen the quality of the Global Status Report.
The upcoming review round will focus on:
• Global Market Overview – cross-cutting developments and trends in renewable energy in 2013
• Market & Industry Trends by Technology (including bio-energy, geothermal power & heat; hydropower; ocean energy; solar PV; CSP; solar thermal heating & cooling; and wind power).
• Investment Trends
• Sidebars on related topics
To participate, please sign up to the REN21+ Online Review Tool at http://ren21plus.ren21.net/ (Detailed instruction are listed below).
Don’t be shy: review all the sections or simply one or two!
Check your email folder for confirmation of registration
STEP 3: Go to the Groups Tab and click on: GSR Group Contributors & Reviewers
STEP 4: Once in the GSR Contributors & Reviewers Group, go the Documents to Review header and select GSR 2014 Review Draft 2
STEP 5: The GSR draft will open in a new window where you can make your in-line comments
Should you have any problems please email us at: email@example.com
You can view a short (2/12 minute) step-by-step video tutorial on how to use the review tool: http://ren21plus.ren21.net/my-peer-review
(Please note you can only access this video once you are signed into REN21+.)
The last time I wrote I talked about a renewable investment meeting that I attended in Accra. That meeting has stayed with me because of the frustrating disconnect between viable energy options and monies available. The finance people that I spoke with cited that many commercial institutions don’t see distributed energy as bankable yet. But this is not true; many business models are quite sustainable. It’s more a question of belief. Most financiers are quite conservative. They are not comfortable in this new market (renewable, decentralised energy provision) with a new segment of the population (large numbers of customers with extremely low purchasing power) and a new business model (pay-as-you go schemes, such as progressive purchase models, use of scratch cards etc.) But the market is there as witnessed by the amount of money low-income households are willing to spend on energy services (candles, kerosene, diesel) and amenities like airtime for cellular phones. Continue reading “Entrepreneurial-minded Investors Needed!”
REN21 recently participated at the ECOWAS Renewable Energy Investment Week in Accra, Ghana. Coordinated by ECREEE (the ECOWAS Center for Renewable Energy and Energy Efficiency) this conference celebrated the second year of ECREEE’s RE Investment Initiative. This initiative works to reduce one of the main bottlenecks in region—the mobilisation of investments for RE infrastructure projects. Perhaps the most interesting part of the conference was the ten investor-ready clean energy projects from around the region. The range of project was impressive. Interested in a wave powered desalinisation plant in Cape Verde? How about pay-as-you-go solar technology in Nigeria or the commercialisation of biomass in Senegal? Regardless of geographic or technical preference it is clear that there is a real entrepreneurial drive in West Africa to increase energy access. Securing the necessary financing however still remains a problem. The financial environment is still too risky for most investors and the returns too low. However as presentation and discussions illustrated governments and development banks are stepping into the void; creative solutions are beginning to emerge. It will be interesting to see one year on how well these partnerships are able to fill this important funding gap.