Financing Renewable Energy Projects

Abstract:

Renewable energy projects, especially in developing countries, face numerous challenges from the institutional, policy and regulatory level to the market and project level which can hamper the development and uptake of renewable energy. Eessentially, all projects go through four distinct phases: development,financing, implementation and operation. Strong equity sponsors supported by debt is a key driver through the first two phases. However, lack of market transparency,lack of financing and experience in project development, and lack of relevant information on regulations, markets and resource availability is something that could deraill development and financing and could  led to a lack of bankable projects.