Funding renewable-energy investment projects

Changes in power generation mean the renewable energy becomes promising. The related investment market grows rapidly. The paper presents a theoretical and practical analysis of renewable energy investments. It also analyzes the innovation funding methods used under the existing projects and draws scientifically sound proposals on how apply the foreign funding experience to Russia. Offshore power plants represent a major area in the field of renewable energy. The authors hereof consider the major European offshore power plant projects. The paper presents an empirical analysis of such projects and identifies the cost-affecting factors. It analyzes the state-of-the-art in the Russian renewable energy, identifies the most relevant problems and possible solutions, and evaluates the potential for development.