Local Industrial Value Creation

The series of studies Renewable Energy Benefits: Leveraging Local Capacity discuss the current socio-economic benefits of solar PV and onshore wind deployment, while assess the requirements (in terms of skills, materials and equipment) needed in each segment of the value chain. The reports also present recommendations on how to identify areas with the greatest potential for local value creation.

The objective is to allow for an informed feasibility assessment of procuring the components and services domestically rather than from abroad. The studies can help decision makers identify ways to maximise domestic value creation by leveraging existing industries if they choose to do so.

1

Cumulative investments in wind for the energy transition can reach USD 6.3 trillion by 2050 creating 3.8 million jobs


43% of labour for wind development is in operation and maintenance and 30% is in installation and grid connection, contributing to local job creation.


3

56% of labour for solar PV development is in O&M and 17% is in installation and grid connection, contributing to local job creation.


4

Cumulative investments in solar for the energy transition can exceed USD 6.6 trillion by 2050 creating 9.1 million jobs


5

56% of labour for solar PV development is in O&M and 17% is in installation and grid connection, contributing to local job creation.


6

Local materials can be leveraged for solar PV development: Glass, steel, concrete and aluminum play an important role


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