Published by Lestari Advisors and authored by Iffah Hafizah, Brurce M. Mecca, Dr. Ery Wijaya, and Irene A. Rembeth, this report, Islamic Blended Finance for Community-Based Solar PV, emphasizes using Islamic blended finance to unlock community-based solar PV projects across Indonesia. Addressing core barriers such as steep capital requirements, low revenue predictability, and limited bankability, the report proposes a tailored lifecycle financing approach. By strategically combining grants, cash waqf, Cash Waqf Linked Sukuk (CWLS), concessional capital, and commercial Islamic banking, the structure mitigates stage-specific risks. This framework boosts bankability, maintains Sharia compliance, and secures long-term sustainability for village clean energy initiatives.
