The results of the study “Country assessment of the development of small and medium-sized businesses in the field of green energy”, presented in the framework of the project UNDP / GEF “Development of small and medium-sized businesses in the field of green energy” were presented on October 4 in Dushanbe. The study was conducted jointly by UNDP with the Frankfurt School of Finance and Management and the Peshsaf Public Organization. The main purpose of the study is to conduct assessments in the field of green energy, including the analysis of interested parties, as well as the collection of data on technologies and products of Green Energy, the definition of potential business organizations that conduct business.
The study was conducted from April to September 2019 and covered the following areas: review of legislation on renewable energy sources (RES), determining the demand for renewable energy technologies on the market, evaluating market proposals for green energy products, creating a database of available green energy technologies and energy efficiency.
The demand for renewable energy in Tajikistan is mainly determined by the needs of small and medium-sized businesses and rural households. While 99% of households in the country are connected to the power grid, a number of mountain and alpine villages in the GBAO in the Gorny Match, Baljuvansky district, etc. are still in the “off-the-grid” mode, i.e. outside centralized electrical networks.
The issue of access to energy through the development of renewable energy, especially solar energy, is an acute issue for residents of these villages. Great demand for renewable energy comes from small tourism businesses, guesthouses, home hotels booming along the main tourist routes in Tajikistan, as well as pasture users, farmers, beekeepers who need mobile energy sources. In general, the renewable energy market in Tajikistan is characterized by a small number of local producers, a lack of after-sales service, a lack of sufficient knowledge about the technical characteristics of sellers and consumers, a large number of unnamed equipment (solar panels, collectors, pumps) without technical characteristics. Therefore, when buying, the consumer often gives priority to the lower cost of equipment, rather than its energy-efficient performance.
The study showed that the main barriers to the development of renewable energy in rural areas are the insolvency of the population, high interest rates of microfinance organizations providing loans for the purchase of renewable energy products, and the high cost of renewable energy. To promote financial products of green energy and energy efficiency through financial institutions, financial models have been developed as part of the study. The models provide for the introduction of renewable energy products through microfinance institutions using a subsidized interest rate as a financial instrument. If at present the interest rate in microfinance institutions is from 24% to 36%, then in the future it will be reduced through subsidies to the NBT refinancing rate, which is about 13.5%. So, for example, for a solar water heater worth 300 dollars, a consumer will be able to get a loan for 2 years with a monthly payment of about 13 dollars. USA.
The results of the country assessment on the development of small and medium-sized businesses in the field of green solar energy will contribute to the efforts of the Government, UNDP, local producers and suppliers, local non-governmental and international organizations in transforming the energy sector of Tajikistan, in particular, the emergence of independent entrepreneurs in the field of renewable energy sources, which can offer affordable and sustainable energy products and services to the rural population.