The prime criteria for private sector participation in renewable energy investment in the Middle East (case study: Iran)

Role of renewable energy policies in energy dependency in Finland: System dynamics approach

“…These polices consist different packages including direct investments, tax/tariffs packages, and other encouragement policies. For instance, government investments or encouraging private sector to participate in RE development programs helps to speed RE diffusion programs [37,38]. Therefore, diffusion programs positively influence on number of installed renewable systems and capacity of renewable systems.…”

Renewable energy development in rural areas of Iran

“…Hence, there are gaps between investors' expectations and governmental policies. Aslani et al [10] also believed that the lack of investor's interest in RE development is one of the great challenges in implementing them. Based on the Ministry of Energy [57], RE development is facing many challenges in Iran, including lack of national and local laws enacted for the development of renewable sources, lack of integrated management of skilled, qualified and trained personnel in the underlying organizations, weakness in technology transfer, even in the case of signed contracts with foreign countries, weaknesses in the development of higher education and academic fields related to RE, lack of educational and vocational courses about REs, lack of national and local laws to stimulate the development of renewable energy technologies and markets, lack of willingness of private investors to enter the field, the existence of cheap and accessible fossil fuels, lack of a comprehensive national codification, and a shortage of funding for projects implementation, in the contract signature between contractor, consultants and project managers.…”

Analysis of renewable energy feed-in tariffs in selected regions of the globe: Lessons for Saudi Arabia

“…True understanding based on transparent information is one of the outstanding needs for the private sector to invest in the energy business. In [44], the researchers analyzed the factors considered by the private sector in order to improve their participation in the electricity generation markets from renewable sources in the Middle East. They discovered that the most important factors are governmental policies, consumption markets, and engineering efficiency all of which are categorized based on varying perspectives, such as techno-engineering, business and appropriate policies and the environment.…”