Particularly, early stage island projects face similar technical and financial barriers which can be addressed more effectively through common bundling, mentoring and knowledge exchange. Moreover, a weakly developed domestic sustainable energy industry and innovation chain in PICTs is a major bottleneck for the further uptake and sustainability of sustainable energy markets. In contrast to fossil fuel based solutions (e.g. diesel generators), the supply and logistical chains for sustainable energy solutions remain underdeveloped and products and services are either not available of lack of quality.
Therefore, the domestic value and job creation effects along the value chain of sustainable energy investments (manufacturing and distribution, project planning and development, construction and installation, operation and maintenance, decommissioning and recycling) remains often very limited. PCREEE supports regional activities to mitigate the barriers for sustainable energy investments, entrepreneurship and innovation.
Examples for potential activities under the first operational phase: