Modern economic development is based on innovative ideas and new investments. The better resources are deployed in investment projects, the higher the level of innovation and return for the soci ety. On the other hand, both the efficiency of investment activities and the pace of economic growth are, to a great extent, conditioned by the quality of the system of selecting investment projects, which correspond to the existing and changing circumstances of econom ic functioning. The paper aims to identify and assess risk factors for renewable energy investment projects from stakeholders' perspec tive. to achieve this objective, the risk analysis methods were exam ined and factors affecting the investment risk of renewable energy sources and their types were identified and analysed from the point of view of the public sector, funder and investor. The qualitative expert assessment method was used to evaluate the risk factors.

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