We’re proud to have contributed to the Global Solar Council’s newly published Finance Position Paper, “How to Finance Solar for All?”, which explores the urgent need to mobilise capital to accelerate the global solar transition.
The paper highlights that while solar energy investment is growing rapidly (reaching nearly 700 GW per year), critical challenges remain. Capital allocation across the solar value chain is uneven, leaving key areas such as upstream R&D, production, midstream operations, post-project lifecycle support, recycling, and capacity building underfunded.
To close the financing gap, particularly in developing countries, the paper calls for:
- Mobilising low-cost private capital for both PV and energy storage.
- Balancing investment across the full value chain, not just at the project level.
- Enhancing collaboration and dialogue between stakeholders.
- Innovative financing mechanisms to support emerging solar applications.
These actions are essential to scaling solar deployment worldwide and meeting the COP28 Dubai UAE consensus goals for a just and inclusive energy transition.
You can read the full paper here.
