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Testing & Qualification – Facilitating Finance for Solar in MENA
May 23, 2016 @ 8:00 am
Solar PV is becoming the renewable technology of choice in the MENA region. There continues to be an appetite to attract private sector finance for the projects as evidenced by the recent developments in Dubai, Abu Dhabi and Saudi Arabia where the Independent Power Producer (IPP) model is being relied upon. Our discussion focuses on better enabling domestic sources of finance from within the region to channel funds to developers with lowest possible risk premiums and competitiveness. We discuss the role of third party qualification and testing drawing on real examples from the US and how the IPP market has successfully developed there drawing on increasing sources of domestic finance.