Accelerate Developing World Renewables Without High Tariffs?
Renewable Energy World highlights the most important steps for governments to effectively spur developing-country-based renewable energy without high tariffs. Renewable Energy World recommends governments should develop their own projects, minimizing risk in project development and creating a competitive environment for accredited energy companies to join. Further, international project development companies and consulting firms specialising in renewable energy could mitigate development risks, lower the costs, and create feasible long-term investment opportunities. Institutional investors are increasingly investing directly in renewable energy projects, providing much-needed capital to new companies.