Il n’est plus acceptable que les solutions de rupture technologiques ne soient accessibles qu’à quelques États. L’alliance solaire doit permettre de sortir de ce dogme.#ISASummit
March 11, 2018
CEEW
November 2017 | Renewables
Citation: Council on Energy, Environment and Water, Confederation of Indian Industry, The Currency Exchange Fund, and Terrawatt Initiative. 2017. Common Risk Mitigation Mechanism Feasibility Report. New Delhi: Council on Energy, Environment and Water.
This feasibility report on the Common Risk Mitigation Mechanism (CRMM) has been driven by governments of 17 nations with strong solar potential as a way for scaling investments in solar power generation in their countries and in other developing countries. In May 2017, these nations mandated a multi-stakeholder Taskforce consisting of the Council on Energy, Environment and Water (CEEW), the Terrawatt Initiative, The Currency Exchange Fund (TCX), and the Confederation of Indian Industry (CII), to conduct a study on the feasibility of implementing CRMM, including broad based consultation with relevant stakeholders.
The study is in line with the framework of the International Solar Alliance (ISA), and specifically addresses its mandate to aggregate and harmonize frameworks for investment. In particular, this study aims to operationalise ISA's programme for ‘Affordable Finance at Scale,’ initiated by both India and France.
The study outlines the economic, legal, and operational feasibility conditions for the successful implementation of the Common Risk Mitigation Mechanism. It was released at COP23 in Bonn in November 2017.
Broken Hill solar park in New South Wales, Australia (Source: Wikimedia Commons)
The study is based on the following findings of the Taskforce
All the ingredients for expanding access to affordable solar energy in developing countries already exist. These efforts could accelerate more rapidly for the benefit a large number of countries, if they are conducted in a coordinated manner at scale, and within a common platform.
The Taskforce has presented the following recommendations for formulating and implementing the Common Risk Mitigation Mechanism:
The Charanka solar park in Patan, Gujarat (Source: Wikimedia Commons)
Il n’est plus acceptable que les solutions de rupture technologiques ne soient accessibles qu’à quelques États. L’alliance solaire doit permettre de sortir de ce dogme.#ISASummit
March 11, 2018
Analysing the Falling Solar and Wind Tariffs
Kanika Chawla, Manu Aggarwal, Arjun Dutt
Analysing the Falling Solar and Wind TariffsEvidence from India
Kanika Chawla, Manu Aggarwal, Arjun Dutt