{"id":3988,"date":"2014-09-16T12:49:02","date_gmt":"2014-09-16T02:19:02","guid":{"rendered":"http:\/\/www.solarquotes.com.au\/blog\/?p=3988"},"modified":"2017-10-25T10:00:19","modified_gmt":"2017-10-24T23:30:19","slug":"focus-shifts-solar-power-developing-countries","status":"publish","type":"post","link":"https:\/\/www.solarquotes.com.au\/blog\/focus-shifts-solar-power-developing-countries\/","title":{"rendered":"Focus shifts to solar power in developing countries"},"content":{"rendered":"<div id=\"attachment_3995\" style=\"width: 660px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/09\/zulu-solar.jpg\"><img decoding=\"async\" aria-describedby=\"caption-attachment-3995\" class=\"size-full wp-image-3995\" src=\"https:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/09\/zulu-solar.jpg\" alt=\"solar in south africa\" width=\"650\" height=\"404\" \/><\/a><p id=\"caption-attachment-3995\" class=\"wp-caption-text\">A solar powered village in Zululand, South Africa.<\/p><\/div>\n<p>Industrialised countries have seen an explosion in renewable energy in recent years but are developing countries proceeding at the same rate? An announcement this week by <a href=\"http:\/\/www.norfund.no\/\" target=\"_blank\">Norfund <\/a>\u2014 the Norwegian Investment Fund for Developing Countries \u2014 has highlighted the role that renewables play in the developing world. Indeed renewables like\u00a0solar power in developing countries looks to be The Next Big Thing in clean energy investment.<\/p>\n<p>Norfund is to partner with Norwegian solar investment company <a href=\"http:\/\/www.scatecsolar.com\/\" target=\"_blank\">Scatec Solar<\/a> to provide an expansion of solar power investment into all areas in which the Norwegian government currently operates. Existing solar investment partnerships are already in place with the two combining in 190 MW of clean energy projects in solar projects in South Africa and Rwanda.<\/p>\n<p><!--more-->The latest expansion of existing agreements with Norfund was framed by Scatec Solar CEO Raymond Carlsen as building on this initial success.<\/p>\n<blockquote><p>&#8220;We enter the partnership with Norfund with great expectations,&#8221; said Mr Carlsen. &#8220;Our common objective is to contribute to the increased implementation of renewable energy in Sub-Saharan Africa, and the project-to-project cooperation we have had so far has proved very successful.&#8221;<\/p><\/blockquote>\n<p>The number of developing countries which have now put in place solid policies to support renewable energy has increased by a factor of six in just eight years, according to a UN-commissioned report into renewable investments in developing countries.<\/p>\n<p>\u201cMarkets, manufacturing, and investment expanded further across the developing world, clearly illustrating that renewables are no longer dependent upon a small handful of countries,\u201d states the <a href=\"http:\/\/www.ren21.net\/Portals\/0\/documents\/Resources\/GSR\/2014\/GSR2014_full%20report_low%20res.pdf\" target=\"_blank\">Renewables 2014 Global Status Report<\/a>.<\/p>\n<p>They haven\u2019t exactly been sitting on their hands over at The World Bank either with US$4.62bn of a total of US$9.45bn has been issued to developing nations for improvements in renewable energy. Thirty percent of this is earmarked for solar, wind and geothermal generators, according to <a href=\"http:\/\/www.renewableenergyworld.com\/rea\/news\/article\/2014\/09\/worlds-poorest-regions-get-a-boost-in-renewable-energy-financing?cmpid=rss\" target=\"_blank\">Renewable Energy World.<\/a><\/p>\n<p>Norfund is but one of many government and agencies that is backing renewable energy in the developing world, delivering renewable energy outcomes to people of developing nations. Norfund has demonstrated the worth of government agencies playing a key role in adding a level of certainty to solar investments.<\/p>\n<blockquote><p>As the Scatec CEO explains: &#8220;When Norfund invests in our projects, their backing from the Norwegian government, combined with the company&#8217;s excellent standing in the market, will attract other investors as well.&#8221;<\/p><\/blockquote>\n<p>The massive investment in renewables such as solar power in developing countries has not only given a vote of confidence in the green energy sector. It has also given people in less developed nations access to clean, green, sustainable energy, a path to enable their countries to follow a more sustainable route to future energy development.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Industrialised countries have seen an explosion in renewable energy in recent years but are developing countries proceeding at the same rate? An announcement this week by Norfund \u2014 the Norwegian Investment Fund for Developing Countries \u2014 has highlighted the role that renewables play in the developing world. Indeed renewables like\u00a0solar power in developing countries looks [&hellip;]<\/p>\n","protected":false},"author":19,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[56],"tags":[88],"class_list":["post-3988","post","type-post","status-publish","format-standard","hentry","category-economics","tag-developing-countries","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.4 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Focus shifts to solar power in developing countries - SolarQuotes Blog<\/title>\n<meta name=\"description\" content=\"An announcement this week the Norwegian Investment Fund for Developing Countries has highlighted the role that renewables play in the developing world.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.solarquotes.com.au\/blog\/focus-shifts-solar-power-developing-countries\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Focus shifts to solar power in developing countries\" \/>\n<meta property=\"og:description\" content=\"An announcement this week the Norwegian Investment Fund for Developing Countries has highlighted the role that renewables play in the developing world.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.solarquotes.com.au\/blog\/focus-shifts-solar-power-developing-countries\/\" \/>\n<meta property=\"og:site_name\" content=\"SolarQuotes Blog\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/SolarQuotes\/\" \/>\n<meta property=\"article:published_time\" content=\"2014-09-16T02:19:02+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-10-24T23:30:19+00:00\" \/>\n<meta property=\"og:image\" content=\"http:\/\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2014\/09\/zulu-solar.jpg\" \/>\n<meta name=\"author\" content=\"Staff Writer\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@solar_quotes\" \/>\n<meta name=\"twitter:site\" content=\"@solar_quotes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/\"},\"author\":{\"name\":\"Staff Writer\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#\\\/schema\\\/person\\\/cdfada92425341cb1b48bf0bcfa1feb7\"},\"headline\":\"Focus shifts to solar power in developing countries\",\"datePublished\":\"2014-09-16T02:19:02+00:00\",\"dateModified\":\"2017-10-24T23:30:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/\"},\"wordCount\":463,\"commentCount\":5,\"publisher\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/wp-content\\\/uploads\\\/2014\\\/09\\\/zulu-solar.jpg\",\"keywords\":[\"Developing Countries\"],\"articleSection\":[\"Economics Of Solar\"],\"inLanguage\":\"en-AU\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/\",\"url\":\"https:\\\/\\\/www.solarquotes.com.au\\\/blog\\\/focus-shifts-solar-power-developing-countries\\\/\",\"name\":\"Focus shifts to solar power in developing countries - 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Indeed India\u2019s renewable energy policy is now primed to make the country one of the world\u2019s leaders in alternative energy. Prime Minister Narendra Modi has\u2026","rel":"","context":"In &quot;Big Solar&quot;","block_context":{"text":"Big Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/utility-scale-solar\/"},"img":{"alt_text":"indian flag and solar panels","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/02\/india-solar.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/02\/india-solar.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/02\/india-solar.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":4869,"url":"https:\/\/www.solarquotes.com.au\/blog\/neo-report-solar-to-lead-3-7-trillion-charge-as-renewables-outstrip-fossil-fuels\/","url_meta":{"origin":3988,"position":2},"title":"NEO report: Solar to lead $3.7 trillion charge as renewables outstrip fossil fuels","author":"Staff Writer","date":"June 30, 2015","format":false,"excerpt":"The way humans go about getting their electricity is set to change forever, according to an influential report by Bloomberg New Energy Finance. The New Energy Outlook 2015 (NEO) study, which was handed down last week, also found that solar energy would be at the vanguard of the change towards\u2026","rel":"","context":"In &quot;Economics Of Solar&quot;","block_context":{"text":"Economics Of Solar","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/economics\/"},"img":{"alt_text":"solar panels and a placard","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/06\/trillions.jpg?resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/06\/trillions.jpg?resize=350%2C200 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2015\/06\/trillions.jpg?resize=525%2C300 1.5x"},"classes":[]},{"id":16764,"url":"https:\/\/www.solarquotes.com.au\/blog\/international-solar-alliance-mb0305\/","url_meta":{"origin":3988,"position":3},"title":"International Solar Alliance Nears Prime Time","author":"Michael Bloch","date":"November 15, 2017","format":false,"excerpt":"A \"curtain-raiser\" event for the founding ceremony of the International Solar Alliance (ISA) took place in Bonn, Germany yesterday. An initiative led by the governments of India and France, born on the sidelines of the UNFCCC Conference of Parties (CoP21) in Paris in 2015, the International Solar Alliance will be\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"International Solar Alliance","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/international-solar-alliance.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/international-solar-alliance.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/international-solar-alliance.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2017\/11\/international-solar-alliance.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":55889,"url":"https:\/\/www.solarquotes.com.au\/blog\/international-solar-alliance-mb2231\/","url_meta":{"origin":3988,"position":4},"title":"What Is The International Solar Alliance?","author":"Michael Bloch","date":"November 11, 2021","format":false,"excerpt":"Australia has been part of it for years and the USA just joined it - so, what is the International Solar Alliance (ISA)? Championed by Indian Prime Minister Narendra Modi, the International Solar Alliance was launched at COP21 in Paris back in 2015. Initially conceived as a coalition of countries\u2026","rel":"","context":"In &quot;General Solar &amp; Storage News&quot;","block_context":{"text":"General Solar &amp; Storage News","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-battery-news\/"},"img":{"alt_text":"International Solar Alliance","src":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/international-solar-alliance.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/international-solar-alliance.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/international-solar-alliance.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/international-solar-alliance.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.solarquotes.com.au\/blog\/wp-content\/uploads\/2021\/11\/international-solar-alliance.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":4795,"url":"https:\/\/www.solarquotes.com.au\/blog\/time-to-ignite-an-african-solar-power-revolution\/","url_meta":{"origin":3988,"position":5},"title":"Time to ignite an African solar power revolution","author":"Staff Writer","date":"June 10, 2015","format":false,"excerpt":"A recent\u00a0World Energy Outlook report found that over two-thirds of people in Africa live without electricity, a shocking statistic that costs the continent in health; investment, pollution and education opportunities. This lack of energy infrastructure has stalled GDP growth across the continent and underlined the need for an African solar\u2026","rel":"","context":"In &quot;Solar Policy&quot;","block_context":{"text":"Solar Policy","link":"https:\/\/www.solarquotes.com.au\/blog\/category\/solar-policy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/users\/19"}],"replies":[{"embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/comments?post=3988"}],"version-history":[{"count":8,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3988\/revisions"}],"predecessor-version":[{"id":3997,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/posts\/3988\/revisions\/3997"}],"wp:attachment":[{"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/media?parent=3988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/categories?post=3988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.solarquotes.com.au\/blog\/wp-json\/wp\/v2\/tags?post=3988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}