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Ankara Bar Review

Yıl 2011 , Cilt 4 , Sayı 2

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The possible ways to finance the renewable energy projects in terms of project finance and law

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The purpose of this paper is to examine the possible tools and their ways to finance the renewable energy as it is becoming a hot topic among the investors throughout the world. Together with the increase in demand for the renewable energy, the question of how to finance has become more of an issue. Except the commercial banks which have been considered as the major lender for the renewable energy project, many other tools such as international organizations, govenments, capital markets have come up with the attractive conditions to the interested investors. This paper is analysing the methods of these new models by giving example from the renewable energy projects being adopted in the world. Though the commercial banks still have been preferred, the gap between the commercial banks and other financial ways have been expeditiously filling and it is more likely to say that these new models will have a positive effect on the renewable energy projects in the near future.

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