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Financing for renewable energy projects: A decision guide by developmental stages with case studies

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  • Lam, Patrick T.I.
  • Law, Angel O.K.

Abstract

In terms of development cycle, renewable energy (RE) projects entail funding supports from the technological innovation stage onwards. Due to uncertainties in resource availability and technical risk, only a limited variety of funding sources are available for startups. As the RE development project passes through this early stage into technical maturity, more funding sources may be attracted to bring it to commercial fruition. When the technology is eventually deployable to mass applications, even more funding venues exist, sometimes enabling exit of the original innovators via transfer of ownership, or fostering asset growth with investor participation in built facilities. Due to the environmental benefits to be harvested, governments have a pivotal role to play in relation to funding, either directly or indirectly at all stages.

Suggested Citation

  • Lam, Patrick T.I. & Law, Angel O.K., 2018. "Financing for renewable energy projects: A decision guide by developmental stages with case studies," Renewable and Sustainable Energy Reviews, Elsevier, vol. 90(C), pages 937-944.
    • Handle: RePEc:eee:rensus:v:90:y:2018:i:c:p:937-944
    DOI: 10.1016/j.rser.2018.03.083
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    7. Serrano-Calle, Silvia & Delarue, Erik, 2018. "Smart Technologies Applied to the Energy Sector. Renewable Energy Expansion Strengthened by Digital Communications and Distributed Ledger Technologies?," 29th European Regional ITS Conference, Trento 2018 184966, International Telecommunications Society (ITS).
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