RESEARCH ON THE FINANCIAL ASPECTS OF MANAGING RISKS IN THE RENEWABLE ENERGY INDUSTRY
Keywords:
Financial aspects, risk predictionsAbstract
To keep up with the needs of the booming global economy, energy is becoming more crucial. As awareness of environmental dangers and green technology increases, the argument over whether or not to use renewable energy sources has heated up. Increased understanding of how financial institutions evaluate risk is essential for attracting more investment in renewable energy sources. Considering the industry's infancy, a lack of knowledge might lead to an underestimation of risk, which could result in a failure to get financing or, if funding did materialise, financing on unfavourable terms that would reduce the site's ability to generate revenue.
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