Past Webinar: The Evolving Landscape of solar PV in Emerging Markets

Tuesday 10 October 2017 - 17:00 CEST

The clean energy revolution is unfolding at an incredible pace, much faster than most people realize. This is particularly apparent in emerging markets, where we see a wide range of evolving business models and financial structures driving prices for solar PV applications down to the point where it is already the cheapest technology available. Moreover, there is an abundance of both private and public sector capital available for solar PV projects in Asia, Africa and Latin America. Financial structuring of deals, however, remains to be a critical challenge in having the readily available capital flowing into bankable projects.

As a prelude to Making Solar Bankable: Evolving Business Models in Emerging Markets, we hosted a complimentary webinar on October 10th. Two of the industry’s leading experts explored the evolving landscape of solar PV in emerging markets and dive into the possibilities for financial structuring of PV projects.

Social entrepreneur Jeremy, author of The Energy of Nations, The Carbon War and Half Gone, is founder and non-executive chairman of Solarcentury and founder and chairman of SolarAid, an African solar lighting charity set up with Solarcentury profits. Described by the Observer as 'Britain's most respected green energy boss,' he writes and blogs for the Guardian, the Financial Times, and Sublime Magazine. He was the first Hillary Laureate for International Leadership on Climate Change, a CNN Principal Voice, and Entrepreneur of the Year at the New Energy Awards. He is on the associate faculties, lecturing in business and environment, at the universities of Oxford, Cambridge and St Gallen.

Jeremy Leggett - Solarcentury: Solar PV’s Pivotal Role in the Energy Transition in Emerging Markets

  • The evolution of global energy markets
  • The game-changing role of solar PV
  • Innovations and mega-trends with disruptive impact
Manuel Cabrerizo has more than 20 years international experience in structured finance and investment banking gained with Voltiq and WestLB, globally. During that time he has closed more than 50 financings across sectors and jurisdictions. At Voltiq, he has been particularly active in structuring renewable energy transactions in Spain, Italy, Brazil, Chile and Panamá. He's been involved in landmark transactions such as the project financing of the 146 MWp Laberinto project in Chile's Atacama desert, closed in the summer of 2015.

Manuel Cabrerizo - Voltiq: Evolving Financial Structures for Solar in Emerging Markets

  • What type of financial structures are available for solar in emerging markets
  • Trends and evolutions in financing of solar projects


PAST Webinar /// How much solar can emerging markets actually handle?

Wednesday 17 May 2017 - 16:00 CEST

Solar energy has become a very attractive option for emerging markets in Asia, Africa and Latin America. With falling prices, new government initiatives and new business models, the opportunities for solar seem endless. However, intermittency issues and curtailment risk threaten this growth of solar energy in emerging markets and need to be addressed.

In this webinar Ana Verana Lima (Bloomberg New Energy Finance), Frederik van Pallandt (FMO) and Javier Relanchio (Mott MacDonald) will shed their light on the evolving landscape of solar energy in emerging markets. Especially, they will address the issues described above, and explain what the role of technological developments including energy storage can be to solve this problem.

Javier Relancio is Mott MacDonald’s African Solar Programme Leader, currently based in Cape Town, South Africa. Mott MacDonald has been involved in over 80 renewable energy projects in Africa and, during the last few years, Javier has participated in different roles and phases across these projects, including various solar plants in Kenya, Zambia, Namibia, Mozambique and South Africa.
Ana Verena Lima is the South America lead analyst at Bloomberg New Energy Finance. She focuses on power markets, looking at policy and regulation, clean energy financing, strategies and future trends for Argentina, Chile, Colombia, Peru, Uruguay, among others. Ana Verena previously worked at Itau BBA, looking at project finance for Brazilian power projects. She graduated from Federal University of Bahia (UFBA) with a BS in Industrial Engineering.
Mr Frederik van Pallandt is Manager at the Energy Department of FMO. FMO (the Netherlands Development Finance Company) is the Dutch development bank. We support sustainable private sector growth in developing and emerging markets by investing in ambitious entrepreneurs. We believe a strong private sector leads to economic and social development, empowering people to employ their skills and improve their quality of life. At FMO, Frederik manages a team of investment professionals responsible for the structuring and supervision of debt investments in the energy sector in Asia, Easter Europe and Central Asia. Main focus is on renewable energy projects. Frederik joined FMO in 2005. Prior to FMO, he held positions at the World Bank Group and various international commercial banks. Frederik holds Master degrees in Economics and Philosophy.

(the BNEF slides have not been cleared for direct distribution. You can, however, request them by contacting the BNEF speakers personally: Ana Verena Lima (alima31@bloomberg.net) and Guillaume Fouche (gfouche@bloomberg.net))


Opening Words

  • Vision on the transformation of energy supply and demand in emerging markets
  • How technological developments including energy storage, blockchain and IOT will revolutionize the development of solar
  • Evolving solar business models: what is the right path for emerging markets?
  • Managing solar in the energy mix: what lessons can emerging markets learn from the early adopters?
  • Key considerations for sustainable long-term (solar) energy growth in emerging markets
  • Energy supply optimization to maximise ROI of projects and avoid curtailment risk
  • Opportunities and challenges for on-grid, off-grid or mini grid PV and hybrid projects
  • Potential for energy storage to play a significant role in emerging markets

PAST Webinar /// Climatescope: mapping the global frontiers for solar energy investment

Wed 3 February 2016 - 12.00 pm CET -6.00 am EST

Climatescope: mapping the global frontiers for solar energy investment

- Tracking country investment attractiveness for clean energy
- Regional solar investment: Africa, Asia and Latin America
- Comparing solar’s road to maturity with other technologies

In collaboration with

Maggie Kuang /// Senior Analyst - BNEF

Singapore office

Maggie Kuang is a research analyst with Bloomberg New Energy Finance and has been with the organization since 2006. Currently based in Singapore her research covers clean energy policies, clean energy economics, and investment trends in Southeast Asia.
Prior to relocating to Singapore, Maggie spent a few years in London, primarily involved in research and analysis of equity securities in the global clean energy market. In addition, she played a key role in developing and maintaining the WilderHill New Energy Global Innovation Index and its family indices.
Maggie also spent a year in China to track major investment trends and policy development in China’s clean energy sector.
Fluent both in Chinese and English, Maggie gained her Bachelors degree in Mathematics from Capital Normal University, Beijing, China and a Masters degree in Finance & Financial Law from SOAS, University of London.

Lilian Alves /// Associate - BNEF

São Paulo office

Lilian Alves is an associate at Bloomberg New Energy Finance, leading the coverage for the Latin American region. Based in São Paulo, she oversees analysis on market trends, policy, power and renewable energy, focusing on Brazil, Chile and Central America. Lilian also coordinates research for Latin America and the Caribbean for the Global Climatescope project. She holds a Bachelor of Arts in International Relations from Mount Holyoke College.

Nico Tyabji /// Associate - BNEF

London office

Nico Tyabji is an associate with the EMEA solar team at Bloomberg New Energy Finance, where he coordinates research on Africa for the Global Climatescope project. He has a Masters in International Affairs from the School of International and Public Affairs at Columbia University, where he concentrated in energy and climate change policy. Before joining BNEF in 2011, he led a research programme on mitigation strategies at Columbia’s Earth Institute, and has previously worked for the International Centre for Trade and Sustainable Development in Geneva.


PAST Webinar /// Making Solar Bankable in Emerging Markets

15th December 2015 /// 16:00-17:00 CET

During this complimentary webinar two crucial stakeholders presented their points of view on the bankability of solar projects in emerging markets. Learn from visionary market leader Thierry Lepercq, discussing why solar will soon become the cheapest electricity source worldwide, and investment banking expert Manuel Cabrerizo, sharing his vision on solar bankability, the rise of innovative financing methods and the development of secondary markets in emerging countries. 

Is developing solar in emerging markets competitive? 

  • What are the opportunities and the challenges for a developer when it comes to developing solar in emerging markets
  • What is the cost associated with it? 
  • How can we achieve producing cheap energy through solar in emerging markets? 

Financial structures for solar in emerging markets

  • How can I obtain primary financing for my solar project in emerging markets? 
  • What are the options in the refinancing round?
  • What is the future of solar bankability? Development of solar secondary markets and financial innovations