Renewable electricity projects – is making them bankable so hard?

Most renewable electricity projects are based on new technology and hence have an element of risk attached. This has led risk-averse banks to shy away from lending to such projects for fear of the unknown. There is nothing inherent in renewables, however, that prevents them from being the basis of bankable projects, so long as attention is paid to the major risk factors. If the experience of Fibrowatt is anything to go by, then renewables can be very successfully project financed. Rupert Fraser