11/14/2019 Financing Renewable Energy Projects

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Financing Renewable Energy Projects

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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 (/ourwork/Project-Facilitation/About-project-

facilitation-platforms)aim to create a pipeline of investment mature projects by actively supporting early
stage project development and bridging the funding gap by assisting project developers access
appropriate funding opportunities.

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Featured
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Unlocking Renewable Energy Investment: The role of risk
mitigation and structured finance
(/publications/2016/Jun/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 | United Kingdom, Indonesia

(/publications/2016/Jun/Unlocking-
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role-of-risk-mitigation-and-
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Upcoming Events

Supporting the deployment of bankable renewable energy projects in the Caribbean

(/events/2019/Nov/Supporting-the-deployment-of-bankable-renewable-energy-projects-in-the-
Caribbean)
25 November 2019 | Santo Domingo, Dominican Republic

More (/events#UpcomingEvents)

Past Events

Renewable energy investment opportunities in Sub-Saharan Africa at the Africa Investment Forum
(AIF) (/events/2019/Nov/Facilitating-renewable-energy-deal-making-in-Sub-Saharan-Africa)
11 November 2019 | Johannesburg, South Africa

In partnership with Power Africa and the African Trade Insurance Agency, IRENA hosted a
Renewable...

Project Finance Matchmaking event at ECOWAS Sustainable Energy Forum 2019

(/events/2019/Oct/Project-Finance-Matchmaking-event-at-ECOWAS-Sustainable-Energy-Forum-
2019)
22 October 2019 | Accra, Ghana 
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