Renewable energy resources exist over wide geographical areas, in contrast to other energy sources, which are concentrated in a limited number of countries. Rapid deployment of renewable energy and energy efficiency is resulting in significant energy security, climate change mitigation, and economic benefits.
While many renewable energy projects are large-scale, renewable technologies are also suited to rural and remote areas and developing countries, where energy is often crucial in human development.
As most of renewables provide electricity, renewable energy deployment is often applied in conjunction with further electrification, which has several benefits: Electricity can be converted to heat (where necessary generating higher temperatures than fossil fuels), can be converted into mechanical energy with high efficiency and is clean at the point of consumption.
Renewable energy systems are rapidly becoming more efficient and cheaper. Their share of total energy consumption is increasing. Growth in consumption of coal and oil could end by 2020 due to increased uptake of renewables and natural gas.
Many small to medium renewable projects can have difficulty arranging their debt and equity financing requirements.
Canadian Green Fund maintains a technology agnostic perspective of various types of energy generation and has developed a modularized approach to streamline the review and approval process to finance the development of energy investment opportunities.
An example of deployed technologies include, but are not limited to: geothermal; ground source; CHP; CCHP; solar PV; solar thermal; onshore wind; run-of-river hydro; hydrokinetic; etc.
Additionally, owners of operational projects that would like to sell all, or part, of their projects can obtain a fair valuation as well as other considerations for their experience and knowledge.
Canadian Green Fund is working to provide unique funding solutions to accelerate the development of a wide-variety of energy generation projects.