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CASE & TEAM:

OBJECTIVES / GOALS / VISION

Vision: To connect or avail sustainable solar electricity to 30% of population by 2027, increasing general accessibility by almost a half in LAC

Goal: To make solar energy surpass hydropower in terms of the most used renewable energy by 2050

Objective1: To generate electricity through off grid photovoltaic solar power technology

Objective2:To diversify the energy sector through increased investment in to other sources with solar energy as major

CHALLENGE / PROBLEM(S) YOU’RE SOLVING FOR

Poor accessibility to clean energy or electricity
Deforestation or pollution due limited access to electricity
Lower agriculture productivity due poor rainfall patterns

KEY STAKEHOLDERS AND PARTNERS

- Government (provide policy guidance on energy)

Private sectors (Renewable energy enterprise, small scale business)
Development Banks (provide fundraising)
NGO (provide technical assistance, fundraising)

KEY CHALLENGES AND RISK MITIGATION PLAN

(e.g., ethics, finances, cyber/privacy, stakeholder considerations)

Challenges/(mitigation)

1.Economic and Financial barrier (partnership supported financing via inclusive and sustainable loans)

2.Policy Issues ( put in place strict laws)

3.Poor knowledge and attitude regarding benefits of solar power ( sensitisation & awareness )

4 Lack of demand (government subsidies to make it affordable)

5.Sustainability of infrastructure (community participation)

Collaborative solar project, whereby both the households (female led households, women and youth owned businesses) and other partners contribute to purchasing, installing, & maintaining the project
Through sustainable agriculture production (using solar powered irrigation system)
Through energy for green growth with increase emphasis on renewable energy investment.
Through achieving Inclusive economic growth along with poverty eradication

APPROACH AND IMPLEMENTATION STRATEGY

(e.g., consider infrastructure, inclusivity, and sustainability elements )

- Ensure that the intervention or solar project has exhibited financial and economic viability (positive NPV and IRR) using the cost benefit analysis methodology.

FINANCIAL & RESOURCE CONSIDERATIONS

Number of households connected (female led households)
Number of partners or funders secured
Number of women owned businesses or institutions powered

KEY SUCCESS METRICS

WHAT ARE YOUR NEXT STEPS? (establish a 60-90 day workplan)