The Role of Green Finance in Community Renewable Energy Projects of main Region and Taiwan

  • Wen-Hsiang Chiu National Taiwan University of Science and Technology
  • Wen Cheng Lin National Taipei University of Business, Department of Business Administration
  • Chiung-Ju Liang National Taiwan University of Science and Technology
Keywords: green finance, crowdfunding, community renewable energy projects, fintech

Abstract

In order to achieve the goal of "non-nuclear homeland and realize the policy target that renewable energy accounts for 20% of power generation, the Taiwan government has actively promoted the integration of energy generation. Many small and medium-sized enterprises or start-up companies are faced with the challenge of financing their business expansion. This paper adopted document analysis method to seek more diversified financing channels compared with traditional ways of financing and lending from financial institutions, the combination of fintech and the power of the masses, such as crowdfunding, has become one of the emerging financial instruments for the development of green energy industry. Finally, the empirical result is compared main region about the community renewable energy projects and realized how to obtain renewable energy resources through new financing source. The study will be providing related reference to decision-making of country which plan to develop renewable energy projects.

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Published
2021-07-22
Section
Article