Elson Solutions had the pleasure of contributing to Panel 4: “Navigating Policy for a Renewable Future”, organized by the Macedonian Association of Renewable Energy Sources (MARES). The panel served as a growing platform for focused and constructive dialogue among key actors in the renewable energy investment space.
We extend our thanks to Ana Kolevska for the excellent moderation and to the entire MARES team for the impeccable organization and high-quality discussion.
From Strategy to Bankable Projects
During the panel, Elson Solutions shared four concrete mechanisms that can help translate renewable energy strategies into bankable, investment-ready RES projects:
- Strong investment portfolios and coordination platforms
Mechanisms such as JETIP and ACT IP, backed by International Financial Institutions (IFIs), are essential. However, they must be accompanied by clear investment prioritization, transparent progress tracking, and systematic private-sector dialogue from day one. - Standardized PPAs and well-structured PPPs
Standardized Power Purchase Agreements (PPAs) and effective Public-Private Partnerships (PPPs) remain among the most powerful tools for de-risking renewable energy projects and unlocking private capital. Scaling these instruments requires rapid capacity building within public institutions. - Differentiated incentives for regions and investors
Tailored incentive frameworks—particularly for investors in Technological-Industrial Development Zones and local SMEs in coal-transition regions—are critical for driving economic diversification and competitiveness. Long-term tax incentives for high-tech investors, grants, knowledge-transfer mechanisms, and working-capital support for domestic companies must be designed with a “one size does not fit all” - Energy transition as part of industrial and innovation policy
The energy transition should be treated as a core pillar of national industrial and innovation policy, not solely as an energy-sector issue. Battery systems, digital energy management, AI-driven predictive maintenance, and new supply chains can become Macedonia’s next competitive advantage—provided that ministries beyond the Ministry of Energy clearly recognize their role and act accordingly.
A Broader Policy Message
The panel discussion reinforced a key message: accelerating renewable energy deployment requires policy coherence, investment readiness, and institutional coordination across sectors. Renewable energy is not only a climate priority—it is an opportunity for industrial upgrading, innovation, and long-term economic competitiveness.
Elson Solutions remains committed to supporting evidence-based policy design, investment frameworks, and practical solutions that help move renewable energy from ambition to implementation.
