Literature review reveals critical institutional and financial barriers to capital access for renewable energy projects, highlighting the need for targeted regulatory reforms.
This literature review examines the role of formal finance in supporting renewable energy investment, with particular attention to access to capital, financing costs, and financial risk. It reviews the main financing mechanisms and considers how institutional and regulatory conditions shape the availability and effectiveness of finance for renewable energy projects. The discussion places particular emphasis on Azerbaijan and identifies key financial and institutional constraints, as well as areas for further research.
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Malak Hassouna (2026) studied this question.
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