1. Funding the sun: New Paradigms for Financing Off-Grid Solar Companies
- Author
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Bryan Zheng Zhang, Alex Hazoury, Tibor Kludovacz, Jonathan D'Entremont Coony, Dana Rysankova, Tania Ziegler, Robert Wardrop, Raghavendra Rau, Martino Recanatini, Malcolm Cosgrove-Davies, Francois Rostand, Michael Rauchs, Kieran Garvey, and Davinia Jane Glendenning Cogan
- Subjects
Finance ,Financial innovation ,business.industry ,Financial instrument ,Small and medium-sized enterprises ,Venture capital ,Business model ,business ,Return on capital ,Special purpose entity ,Financial services - Abstract
This report elucidates the role of financial innovation in the off-grid solar sector and provides a roadmap for practitioners, financiers, and entrepreneurs navigating capital raises for companies active in the sector. It examines a full range of established and frontier financing options. It illustrates that some technology-enabled financial innovations, such as peer-to-peer business lending, are already playing an important role in the sector. It was prepared by the World Bank Group and the Cambridge Centre for Alternative Finance, the University of Cambridge Judge Business School, with support from ESMAP.
- Published
- 2021
- Full Text
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