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Finance for renewable energy

The lessons learned from scaling up wind and solar technologies from an
expensive niche option to arguably the cheapest option for new electricity
generation can act as a framework for the continued growth of the energy
transition and its expansion to emerging economies. This is the conclusion
from a new report published this week by the International Renewable Energy
Agency (IRENA) launched in partnership with the Indian G20 Presidency
entitled “Low-Cost Energy Transition Finance”. The report focuses on
the need for low-cost finance to support the development of newer renewable
energy technologies such as green hydrogen, energy storage, and offshore
wind in both emerging market economies and advanced economies.

Renew Economy 17th May 2023

Like solar and wind, batteries and green hydrogen need low-cost finance – and lots of it

May 18, 2023 - Posted by Christina Macpherson | 2 WORLD, business and costs, renewable

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