As we continue to drive the clean energy transition, it is important to discuss how to finance large-scale renewable energy projects. Presenters in this session covered best practices in financing of solar parks, floating solar projects, solar rooftop and residential solar business models, and battery storage and virtual power plants.

It is a major challenge to cross the “Valley of Death” as an entrepreneur and to develop a company that can showcase positive results and demonstrate the ability to expand capacity to make impactful gains in the market place. Presenters in this session highlighted the challenges and risks faced by start-up companies in the clean energy industry and provided examples of how to overcome these obstacles.

Facilitating the region’s energy transition to a low-carbon economy will require innovative public finance mechanisms, particularly those that can be structured to leverage private sector financing. This session included discussions of how the public sector can support the expansion and development of clean energy financing.

Developing countries across the globe are making an aggressive push toward a low-carbon economy and have set national clean energy targets. However, to achieve their targets, they will require huge capital investments and innovative mechanisms to unlock new sources of financing.