Walking on sunshine: Are Asian countries being trapped by lower solar energy costs?

摘要

If Singapore's solar power dreams don't push through, its banks have some explaining to do. Singapore is aggressively ramping up its solar energy capacity to 350MWp by 2020, but inadequate access to funding for solar generation companies might prove to be a significant roadblock for the city-state's renewable energy agenda. "The main challenge for solar financing in Singapore is the familiarity of some financial institutions to the solar PV renewable business model and that unfamiliarity tends to heighten the risk aversion and lessen competitive financing terms," says Camillus Yang, vice president, corporate development and finance at Sunseap, a local clean energy provider.