Project Description
The overall objective of the Myanmar Power Advisory Project is to catalyze private investment in the clean energy sector in Myanmar, especially hydro power and solar power. The project will do this by systematically addressing barriers to private sector participation in clean energy at both the market and firm level, working with industry associations, groups of companies, equipment suppliers or service providers, the Government of Myanmar, and other stakeholders.
At the market level, the project will facilitate investments in clean energy by working with groups of companies, regulatory entities, and other stakeholders to address market needs and barriers, develop bankable contractual structures, and match potential suppliers and end-consumers. At the firm level, it will catalyze climate financing for bankable clean energy projects and thereby demonstrate market viability for other potential private sector players. The project will do this by advising private companies and public sector agencies on project structuring, scaling viable business models, and building capacity on best industry practices, focusing on the hydropower and solar sectors.