
458 Photovoltaics in the World Bank Group Portfolio
investing in solar PV businesses in frontier markets by not only
demonstrating confidence in viability of the PV technology, but also
focusing on commercializing the deployment of this technology in
the developing world. More recently, IFC has begun to re-engage
in investing in PV manufacturing, including silicon production with
projects in China, India and the Russian Federation.
30.2 Business Models for Off-Grid Service
World Bank PV electrification projects principally aim to improve
electricity access for populations in remote areas who are unlikely
to be reached by grid extension within a reasonable ...