REPORT /// Evolving Business Models in Emerging Markets
Where will solar PV applications go next? What are the benefits of the various different models for solar PV development in emerging markets? How can innovation play a role in accelerating the adoption of the technology and the evolution of business models?
These are all questions that stakeholders in emerging markets are constantly asking themselves. Whatever solar PV does or wherever it’s planning on going, one thing is for sure: the future of solar PV looks as bright as ever, with solar power even outshining other forms of renewables over this past year.
The purpose of this paper is to give an overview of the evolution of business models in emerging markets. To provide a clear picture, we have highlighted and analyzed eight innovative companies and business cases set in developing solar markets. We have compiled a list of company profiles, describing the focus of their businesses, their future outlooks and the different ways that innovative business models can be combined with solar energy.