Nepal: Considering Links Between FITs and Reverse Auctions

To support Nepal’s consideration of a solar FIT and building on Nepal’s small hydropower FIT implemented in 2013 (BNEF 2014), the Clean Energy Solutions Center partnered with Government of Nepal in 2014 to evaluate solar FIT design options. The effort specifically supported consideration of combined FIT and reverse auction approaches as well as evaluation of successful solar business models. Activities under the partnership have informed Government of Nepal solar policies and programs, including design of the Asian Development Bank photovoltaic investment initiative with Nepal.