Recently, a number of structured funds have emerged as public-private partnerships with the intent of promoting investment in renewable energy in emerging markets. These funds seek to attract institutional investors by tranching the asset pool and issuing senior notes with a high credit quality....

Limited access to low-cost financing is an impediment to high-velocity technological diffusion and high grid penetration of solar photovoltaic (PV) technology. Securitization of solar assets provides a potential solution to this problem. This paper assesses the viability of solar asset-backed...

The new Basel III regulations are likely to make long-term financing more expensive, which will affect the financing of capital-intensive renewable energy technologies, because they typically rely on long-term financing. In addition, the capital and liquidity requirements of Basel III are likely...

During recent years, closed-end funds have become one of the dominant financing schemes for wind farms in Germany. Having evolved out of the traditional model of local citizen-financed wind farms (‘Bürgerwindpark’), closed-end wind funds can be seen as a logical consequence of the...

Although many incentive schemes and renewable energy policies, such as feed-in tariffs and tax credits, have been imposed to boost renewable energy investment, renewable energy investment still necessitates huge initial capital costs and involves numerous uncertainties. Unless the problems are...