A recent growth has been seen in the green renewable energy development financing industry.  Funding for projects such as solar power, biofuel, and wind turbine farms has been essential for the development of these facilities. We can expect this growth to continue to expand in the coming years as we recognize the threat of global warming and the current fuel crisis. This growth of financing renewable energy development projects will continue in the U.S. as well as internationally for several years.  The number of credible developers is growing within the green lender community, and the credit ratings of many of the large power purchasers is improving while government regulation continues to encourage environmentally beneficial power production.  All of this indicates that more project financing for funding green renewable energy developments can be expected.

Providing financing for green renewable energy development projects helps to conserve and reduce our dependence on foreign fuels. These systems that do not emit harmful greenhouse pollutants also help protect our environment. Technologies that utilize clean power play a critical role in affordably powering our homes and businesses. This combined efficiency and clean power generation produced will feed the grid and fill our gas tanks.

One of the first steps to obtaining funding for green and humanitarian projects is to develop an in-depth executive summary and business plan. For some projects, find a specialized consultant to conduct an independent feasibility study. This analysis will evaluate the perpetual resource data and should demonstrate the financial feasibility. These studies should focus on technical, financial and other aspects and are critical for the lender as it assesses its risk in the proposed plan.