Commissioned by the International Finance Corporation, a member of the World Bank Group, the guidebook was launched last week in Abu Dhabi.
The first issue of the guidebook – launched by IFC in 2012, focusing on the Indian solar market – was delivered by Sgurr Energy’s experts. This second edition expands the guidebook’s reach, giving a global outlook to those involved in the development of solar PV projects, with particular focus on emerging markets.
The publication provides insight into factors that can bring solar power within reach of grid parity in an increasing number of markets. This includes reductions in cost, technological advances, manufacturing and supply chain improvements and innovations in financing.
The guidebook discusses policy environments for the development of renewable energy, drawing on successes and lessons learned in first-mover markets. It aims to provide a source of knowledge and experience for key stakeholders as solar power continues to become an increasingly important contributor to meeting the energy needs in emerging economies.
Principal consultant at Sgurr Energy and lead author of the guidebook, Ben Lumby, said: “Building capacity and knowledge on the practical aspects of solar power project development, particularly for less experienced developers, will help ensure that new PV projects are well designed, well executed and built to last.”