Over 70% to 90% of early-stage projects fail and are never constructed, according to findings reported by Paces.
Over 70% to 90% of early-stage renewable energy projects fail to reach construction, said a whitepaper from Paces, a platform for renewable energy project development and de-risking.
Early-stage clean energy development is “inherently risky,” the report noted. Developers must advance projects across multiple dimensions simultaneously, securing site control, interconnection feasibility, permitting, and environmental and design constraints all while adhering to program…
