The Research Of Investment And Financing Of Renewable Energy In China

Based on the analysis of the supply situation of conventional energy in the world, this paper describles the big challenge China faces with, and points out the necessity and emergency of developing renewable energy. After stating the strategical significance for China to develop RE from energy safety, decrease of greenhouse gases release,envirionment protection and employment opportnity supply, the paper analyses the situation of RE in developed countries,especially in USA,German and Netherlands. Whereafter, the paper decribes the utilization of the main RE, depicts the developing stages of RE and the trend of energy structure in future according to the strategical target of RE development in China.There is plentiful RE resource and potential to develop it while there are some obtstacles in cost,market,policy,technology and capital in China. The shortage of capital is severe,as a result, the investment is insufficient,which can't make a scale-effect and the cost of RE can't drop, so the continuable development of RE industry is held back.Through analysing the global investment of RE in recent years and the developing mechanism, the paper summarizes their successful experiences in raising money for RE development.On the basis of comparison of RE policies among different countries, the paper describles the RE policy like instructional, economically stimulant,R&D and marketing policies in China, and the direct or indirect influences RE policies throw on financing are involved.It gives some suggestions on developing mechanism of RE in China after comparing the sameness and difference of polices between USA and China.It is one of the most important work for RE project to choose financing model and insure financing, however, self-financing,loan and investment by government are not the essential methods to conque the obtacles of RE development. The author thinks that the modern financing mechanism not only break through the limitation of traditional fiancing model,but supply power for the excution of RE project,and further promote the mature of RE technology. Project Financing is the most promise...