A theoretical framework of renewable energy financing

The renewable energy sector is an area that has received increasing attention in recent years and has significant growth potential worldwide. Factors such as limited traditional energy sources, environmental concerns, and climate change encourage using renewable energy sources. In this context, financing renewable energy companies has also gained great importance. Financing is a fundamental requirement for the implementation and expansion of renewable energy projects. However, the fact that renewable energy projects are generally high-cost and have long payback periods makes financing these projects difficult. Therefore, research on the financing of renewable energy companies is extremely important to understand and support the development of the sector. This study intends to ensure a theoretical viewpoint on the financing of renewable energy companies. The study will evaluate the general situation of the renewable energy sector, emphasize the importance of financing, and go over the impression of divergent financing sources on companies' growth strategies. Additionally, recommendations will be presented on the financing challenges faced by renewable energy companies and how these challenges can be overcome.