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World Bank Publishes Study on Regulatory and Financial Incentives for Solar Power

5 August 2011: The World Bank has published a study titled "Regulatory and Financial Incentives for Scaling up Concentrating Solar Power in Developing Countries," which analyzes existing renewable energy schemes supporting concentrated solar power (CSP) and proposes measures to scale up CSP promotion.

The report highlights the potential of CSP technologies to scale up renewable energy at the utility level, diversifying the generation portfolio mix, powering development, and mitigating climate change. It portrays recent experiences in Spain and the US showing that CST could become a key renewable energy technology that is able to provide an alternative to conventional thermal power generation based on the central utility model. It also evaluates the effectiveness of existing schemes in Algeria, Egypt, Morocco, India and South Africa. [Publication: Regulatory and Financial Incentives for Scaling up Concentrating Solar Power in Developing Countries]