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Analysis notes

Short notes on the questions that keep coming back in engagements: what lenders look at, how a pathway gets built, what operations teach about structuring.

  1. Financing

    September 2026

    Financing a solar project in Morocco: what lenders actually look at

    The stated criteria and the decisive ones are not the same. A review of the points on which a file is won or lost during appraisal, and the order in which to secure them.

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  2. Territories

    September 2026

    Energy-climate roadmaps: where a region should start

    Diagnosis, prioritisation, governance. What separates a roadmap that gets applied from a document filed in a cupboard, seen from a Moroccan region.

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  3. Decarbonisation

    September 2026

    Abatement cost: the most misused instrument in industrial decarbonisation

    How to read an abatement cost curve without making it say what it does not say, and why the order of levers matters as much as their volume.

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  4. Delivery

    September 2026

    What twelve years of rural electrification teach about operations

    Tens of thousands of off-grid households fitted with solar home systems, maintained and billed one household at a time. What that trade teaches every energy project, whatever its size.

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Hear about the next notes

Notes are published as engagements allow, on no fixed schedule. Write to us to be told when one appears.

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