CEO speaks at International Off-Grid Renewable Energy Conference
- Published on Tuesday, 17 June 2014
Sunlabob shares lessons learned and provides recommendations to encourage rural renewable energy market development
This week Sunlabob presented at the International Off-Grid Renewable Energy Conference (IOREC), a leading forum in Manila, Philippines hosted by the Asian Development Bank, the International Renewable Energy Agency (IRENA) and the Alliance for Rural Electrification.
Andy Schroeter, CEO, spoke on a panel focusing on policy and regulatory mechanisms critical for stimulating market growth for standalone renewable energy in off-grid, rural environments.
“The technology suitable for rural energy access has been proven. Demand for energy by rural consumers is rarely a problem,” stated Schroeter. “A lack of targeted policies and regulations oftentimes stand in the way of off-grid renewable energy markets really taking off in the developing world.”
Schroeter pointed out that policies and regulations are not a “magic bullet”, but are a necessary ingredient to facilitate market growth. He acknowledged that other key challenges faced in many developing countries – such as a lack of finance and abundant corruption – also must be addressed simultaneously.
“Providing high-quality, long-term renewable energy solutions to some of the world’s most rural areas and poorest populations can be a complex puzzle. Favorable policies and regulations are an important piece of that puzzle, and help to pave a path for successful market development.”
Schroeter was joined in the panel session by other notable voices in the rural renewable energy industry including Kandeh K. Yumkella, Chief Executive for the UN Sustainable Energy for All Initiative, as well as Marcus Wiemann, Secretary General, Alliance for Rural Electrification.