Access to finance for starting or scaling up of solar thermal projects remains a challenge in many countries across sub-Saharan Africa. The European programme GET.invest, supported by the European Union, Germany, Sweden, the Netherlands, and Austria, offers a number of services to assist clean energy projects and companies, including in the solar thermal market, in overcoming this challenge and accessing finance.
With its core service, the GET.invest Finance Catalyst, the programme supports companies and project developers towards investment readiness and links them with financiers. The offering is targeted at small- and medium-scale sustainable energy opportunities in sub-Saharan Africa, the Caribbean and the Pacific region, covering the entire spectrum of decentralised renewable energy business models.
Specifically, beneficiaries can receive support in the areas of investment strategy, business case structuring and financial modelling, as well as accessing finance and transaction support. Along their way, they will be advised and guided by dedicated experts with extensive experience in both developing projects and getting them financed.
In addition, GET.invest provides market information, a funding database, as well as matchmaking and networking events for market actors, working closely with initiatives and business associations in the energy sector.