RESEARCH ON THE FINANCIAL ASPECTS OF SOLAR POWER PROJECTS IN THE RENEWABLE ENERGY INDUSTRY

Authors

  • ARULALAN M. (ENERGY MANAGEMENT), DEPARTMENT OF MANAGEMENT, GLOCAL UNIVERSITY
  • RAJINDER SINGH PROFESSOR, DEPARTMENT OF MANAGEMENT, GLOCAL UNIVERSITY

Keywords:

Financial aspects, solar power projects, renewable energy industry, sustainable energy, electricity

Abstract

The usage of energy on a global scale is only going up from year to year. Both nonrenewable fossil fuels and renewable sources of energy, such as the sun, the wind, biomass, and hydropower, may be used to generate electricity. These days, fossil fuels are the primary contributors to the creation of electricity all around the globe. The increasing depletion of fossil fuels has major unintended effects, one of which is an increased threat to the environment posed by climate change. A greater awareness of the risks to the environment and the need for a sustainable energy supply have both contributed to the emergence of the discussion on the increased use of renewable energy sources.

References

Abulfotuh, F. (2007) Energy efficiency and renewable technologies: the way to sustainable energy future. Desalination, 209(1), 275-282.

Noothout, P., de Jager, D., Tesnière, L., van Rooijen, S., Karypidis, N., Brückmann, R., Jirouš, F., Breitschopf, B., Angelopoulos, D., Doukas, H. and LEI, I.K. (2016). The impact of risks in renewable energy investments and the role of smart policies. DiaCore project final report work package, 3. Retrieved on 31.03.2016 from www.ecosys.com: www.ecofys.com/files/files/diacore- 2016-impact-of-risk-in-res-investments.pdf:

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Published

2022-09-30

How to Cite

ARULALAN M., & RAJINDER SINGH. (2022). RESEARCH ON THE FINANCIAL ASPECTS OF SOLAR POWER PROJECTS IN THE RENEWABLE ENERGY INDUSTRY. Innovative Research Thoughts, 8(3), 217–227. Retrieved from http://irt.shodhsagar.com/index.php/j/article/view/1156