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

This research is aimed at identifying the developmental stages of RE projects and studying the inter-relationships with stakeholders, under the influence of technology push and market pull. Discussions are focused on different types of RE projects and modes of financing, culminating in a diagrammatic model depicting the various decision factors to assist funding-raising activities at different RE developmental stages. Illustrations are provided through a series of carefully selected case studies in western countries. This is followed by a discussion on RE development financing in the Asian context, with conclusions drawn in the light of recent emergence of new business models and a smart era. Decision makers in RE projects may regard this article as a guide for their fund raising activities.