The cost of finance has a relatively high impact on the returns and viability of clean energy projects compared with fossil fuel-based energy projects, because the operating costs for renewable energy projects are very low. Credit risk assessment and ratings, which have usually been an...

This paper analyzes a unique case of default risks and associated factors of a solar home system (SHS) program in Bangladesh and, within that context, proposes a theoretical market-based solution to finance a renewable energy (RE) program. The paper first develops a theoretical framework that...

The wide scale deployment of variable renewable energy technologies (VREs) offers a pathway to decarbonize the electric grid. One challenge to reliably operating the grid is ensuring that sufficient generating capacity is available to meet demand at all hours. By determining an individual...