The "Solar Payback" project aims to promote the use of solar process heat (Solar Heat in Industrial Processes - SHIP) in the four target countries South Africa, India, Mexico and Brazil.
As part of the German Environment Ministry's International Climate Initiative (IKI), the project intends to raise awareness of the technical and economic potential of SHIP technologies. To achieve this, the project aims to create transparency regarding the costs and benefits of SHIP applications on the one hand, and to promote the establishment of selected reference installations on the other. Solar Payback is also working with banks on models to help stakeholders and investors access financing.
The project is coordinated by the German Solar Industry Association (BSW) and implemented together with eleven other partner organizations. These are three German companies, the national solar industry associations, and the representatives of the German Chamber of Industry and Commerce in the respective target countries. Supporters in Germany include Fraunhofer ISE, the Deutsche Investitions- und Entwicklungsgesellschaft mbH (DEG), the Renewable Academy (RENAC) and the communications and market research agency solrico.
The project started in October 2016 and will last until September 2021. The budget for the four target countries is EUR 2.96 million. The project partners used a whole range of activities and communication tools to address relevant stakeholders in policy, industry and finance, such as: