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In Nepal, the silver lining is the growing collective urge to adopt renewable energy sources, including solar energy. However, the structural inefficiency to usher in a transformative transition towards increased contribution of solar in total energy output remains a bottleneck. Regional developments and opportunities
For decades, Nepal has focused almost exclusively on hydropower development to meet its energy needs. Until recently, this strategy was logical. However, given the rapid advancements in solar energy technology, Nepal's continued disregard for commercial solar power is a glaring misstep.
Nepal must embrace solar power as a strategic energy resource to secure a sustainable, resilient and prosperous future. Thakur is policy professional, columnist and author (most recently co-authored “Kathmandu Chronicle: Reclaiming India-Nepal Relations”; Penguin Random House India). Rauniar is an energy expert and the CEO of Oorja World Inc, US.
Developing domestic solar capacity can help Nepal achieve energy independence and enhance national energy security. Further, the cost of solar power has plummeted globally, making it a highly affordable energy solution. Nepal must capitalise on this trend before it falls further behind. Policy gaps and recommendations
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