Informing Energy Access and Clean Energy Project Finance Programs in Chile

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The Clean Energy Solutions Center assisted the Chilean Renewable Energy Centre (CREC) with energy access programs focused on renewable energy projects. Solutions Center policy experts also provided information on policies that will increase success of renewable energy projects in a market that promotes full competition, viability of publically backed guarantees to manage commercial risk for renewable energy projects in an unregulated environment, and best practices on engaging venture capitalists to finance renewable energy research and development projects.

Impact of Assistance

Assistance provided through the Solutions Center provided CREC with guidance to and information needed to develop clean energy access programs and projects in remote and isolated communities within Chile. Additionally, Solutions Center support helped CREC develop fundamental understanding and knowledge of how to design policies that enable financing and encourage investment in clean energy projects. These programs and policies have the potential to significantly increase deployment of renewable energy technologies in Chile.