For every good energy project there is a financier somewhere however creating an attractive project package requires an explicit understanding of the following availability of soft loans credits grants tied and untied loans objectives tendencies and requirements of various financiers possibilities of combining various financial instruments methods of economic financial and risk analysis and mitigation. However access and availability of finance is a major challenge for many developing countries financing renewable energy projects require access to significant resources by multiple parties at. Financing energy projects in developing countries by hossein razavi phd an update to his comprehensive 1996 text on project finance in emerging economies razavis authoritative book provides first hand information and analysis of how multilateral bilateral and commercial financiers decide to support an energy project. Financing renewable energy in developing countries mechanisms and responsibilities 6 tables figures tables table 11 top ten countries globally in terms of renewable energy potential relative to energy use 11 figures figure11 relative costs for renewable energy technologies compared with each other and with non renewable energy 9