Financing Renewable Energy Projects
ShowHide Quick Links
Advancing renewable energy projects towards financial closure
While renewable energy investments have seen steady growth over the last decade, a more rapid scaling-up is necessary in developing countries to meet climate and sustainable development goals.
Renewable energy projects, especially in developing countries, face multiple challenges from the institutional, policy and regulatory level to the market and project level which can hinder the development and uptake of renewable energy. The latter include lack of market transparency, lack of financing and experience in project development, and lack of relevant information on regulations, markets and resource availability. This has led to a lack of bankable projects, making it difficult for investors to identify attractive projects, and therefore reducing available capital for those that are ready to be financed.
Targeting specifically project-level barriers, IRENA tools and platform aim to create a pipeline of investment mature projects by actively supporting early stage project development and bridge the funding gap by assisting project developer access appropriate funding opportunities.
Featured
Unlocking Renewable Energy Investment: The role of risk mitigation and structured finance
Scaling up renewable energy calls for mobilising a massive investment increase. Renewables bring far reaching benefits in terms of human health, energy access, environmental protection and the response to climate change, along with the potential to create new jobs around the world.- June 2016
- |
- Finance & Investment
- |
- English
Recent Publications
Past Events
Capacity Development Workshop - Financing NDC Implementation in the Energy Sector
26 June 2018 | Ouagadougou, Burkina Faso
The workshop, co-organised by the Government of Burkina Faso, Global Green Growth Institute (GGGI)...
IRENA and Terrawatt Initiative event at the Intersolar Europe
20 June 2018 | Munich, Germany
Intersolar Europe is the world’s leading exhibition for the solar industry and its partners...