Renewable Energy Project Financing
Renewable Energy Technologies (RETs) project financing have different degrees of exposure to the various identified barriers and risks. The lack of long-term loan, high financing costs, high transaction costs, and poorly capitalized developers, cost competitiveness, technology risks, regulatory risks specific to making RETs competitive, and resource risks.
Global ICT is aware of list of instruments includes grants, equity, debt, asset-backed classes, guarantees, and insurance as well as more targeted categories such as results-based financing, carbon financing, and small-scale project financing. Global ICT understands the mechanisms such as commercial financial intermediaries and the funds are considered separately.
To develop and apply financing instruments funding to scale up the deployment of renewable energy technologies (RETs), the viability is based on creating new economic opportunities, increasing energy access, and reducing carbon emissions.
The scaling up of commercially proven technologies, without necessarily assuming these are currently deployed include technologies that harness photovoltaic (PV) solar, solar thermal, onshore and offshore wind, geothermal, and biomass power (through combustion, gasification, and digestion); small hydro-power used for electricity generation.
The choice of instruments is important and risk types of funded instruments can be addressed. Efficiency is therefore key to the selection of the appropriate financial instruments to
support RET investments. The lack of capacity and expertise means a failure to develop a pipeline of bankable projects, even where suitable opportunities exist. The aim should be to use those instruments that deliver the greatest amount of private funding for the smallest amount of public funds thus achieving the greatest leverage.
Global ICT can provide project financing for all renewable energy projects, including but not limited to BOT, B&O, PFI etc. offering viable finance periods and options.
Our experience enables us to assess the viability of; PPA’s, feed-in tariff rates, the operating environment, financial and legal investor and operator protection, plus other relevant factors to determine the best finance arrangements for each project.
For more and specific information about our daughter company Global Finance & Investment, please visit the company website at www.global-fi.co.uk and/or download the company profile below: