ECONOMICS/ FINANCING

All sustainable energy industry projects generally involve high upfront capital expenditure, long gestation periods, and longer payback time periods.  The nature of  this industry necessitates unique instruments of financing to take care of higher loan needs, lower rates of interest and longer payback time periods.

Leading World financial institutions like the World Bank and financial organisations of the United Nations recognise the need for these special instruments of financing. However, much more improvement is needed in funding Research and Development expenditures particularly in the third world countries where access to venture capital is limited or non-existent. In this many people believe that Governments should play only a motivational role in creating this funding by other institutions and not be directly involved in financing.

For more information e-mail us at unisun@vsnl.com