A Critical Assessment of Financing Renewable Energy Projects in Ghana : Challenges, Opportunities, Profitability and Attractiveness to Investors

Abstract

The study uses Emerging Renewable Energy corporations in Portugal and Norway as a baseline to investigate Renewable Energy reporting and disclosures in Ghana. It looks at the characteristics, drivers, and methods of sustainable renewable energy reporting as they apply to these newly formed companies. In particular, case studies were used in the research to gather and analyses data. Stakeholder and legitimacy theories were used as lenses to debate and interpret the findings.

According to the study, a company's operations and reporting should priorities' societal health and safety, sustainable economic principles, environmental responsibilities, and sustainable societies. Their reasons for doing so include maintaining a positive public image, profitability, attracting and retaining investors, globalization, and public perception. The results of this investigation corroborate the notion that sustainability reporting is gaining traction in Ghana and the surrounding area.

One of the research's contributions is that it adds to the little body of prior research on renewable energy reporting and disclosure. The results of this study will provide the public with knowledge about renewable energy, corporate transparency, and what the public should anticipate from companies. Academically speaking, this study will contribute to the body of knowledge about renewable energy disclosure and guide future research. The findings may also encourage businesses to take on more sustainability-related initiatives and aid policymakers in decision-making.