Project finance source for renewable energy
Renewable energy is energy from sources that are naturally replenishing but flow-limited; renewable resources are virtually inexhaustible in duration but limited in the amount of energy that is available per unit of time.
Renewable energies are generally spoken of as opposed to fossil fuel energies. The fossil fuels’ stocks are limited and non-renewable in the human timescale. The most known examples of these resources are coal, oil or natural gas. On the contrary, renewable energies are produced from renewable sources. Here, we’re talking about energy coming from solar rays, wind or water cycles – all theoretically unlimited on a human scale time.
For some decades, now, a renewable energy investment has wittiness a continuous and a steady growth in global conglomerations, a more rapid scaling-up is necessary in developing countries to meet climate and sustainable development goals.
Renewable energy projects, especially in developing countries, face multiple challenges from the institutional, policy and regulatory level to the market and project level which can hinder the development and uptake of renewable energy. The latter include lack of market transparency, lack of financing and experience in project development, and lack of relevant information on regulations, markets and resource availability.
This has led to a lack of bankable projects, making it difficult for investors to identify attractive projects, and therefore reducing available capital for those that are ready to be financed.
FINANCING OPTIONS FOR RENEWABLE ENERGY
The major sources of debt financing are international and national commercial banks. Other sources of debt financing include multilateral development banks (MDBs) and the International Finance Corporation (IFC), debt/equity investment funds, equipment suppliers, and private investors. However, FUTURE LOANS (IOM) LIMITED remains the best option for renewable energy funding. Targeting specifically project-level barriers, FUTURE LOANS (IOM) LIMITED is aimed to create a pipeline of investment mature projects by actively supporting early stage project development and bridging the funding gap by assisting project developers access appropriate funding opportunities.
HOW RENEWABLE ENERGY PROJECTS FINANCED
Currently the majority of renewable energy projects are financed through the syndicated commercial loan market. Syndicated loans are loans in which a group of banks each take a portion of a larger loan and thus minimize the risk that any one individual lender making the same loan would otherwise have.
TYPES OF RENEWABLE ENERGY:
SOLAR ENERGY:
Solar power is energy from the sun that is converted into thermal or electrical energy. Solar energy is the cleanest and most abundant renewable energy source available, and the U.S. has some of the richest solar resources in the world. FUTURE LOANS (IOM) LIMITED can help you get funding for all your solar energy at affordable 3% interest rate annually.
Wind energy (or wind power) refers to the process of creating electricity using the wind, or air flows that occur naturally in the earth’s atmosphere. Modern wind turbines are used to capture kinetic energy from the wind and generate electricity. This type of power has help companies especially in the region of Africa as a source of power where electrical source has failed. FUTURE LOANS (IOM) LIMITED is still in the business of financing such project.
Hydropower uses a fuel—water—that is not reduced or used up in the process. Because the water cycle is an endless, constantly recharging system, hydropower is considered a renewable energy. When flowing water is captured and turned into electricity, it is called hydroelectric power or hydropower.
Biomass energy is energy generated or produced by living or once-living organisms. The most common biomass materials used for energy are plants, such as corn and soy, above. The energy from these organisms can be burned to create heat or converted into electricity.
Biofuels are a renewable energy source, made from organic matter or wastes that can play a valuable role in reducing carbon dioxide emissions. Biofuels are one of the largest sources of renewable energy in use today. In the transport sector, they are blended with existing fuels such as gasoline and diesel.
Geothermal energy is the heat that comes from the sub-surface of the earth. It is contained in the rocks and fluids beneath the earth’s crust and can be found as far down to the earth’s hot molten rock, magma.
See how we can help you finance your renewable energy projects at affordable interests.
For more details, see below.
futureloansiom@gmail.com
loans@floans-iomltd.com
Website: https://www.floans-iomltd.com
Phone: +44 077 4168 0089
