The United States Agency for International Development (USAID) Global Center for Environment has designed the Best Practices Guide Series to provide technical information on the topics of energy efficiency and renewable energy and the environment to support international initiatives and promote the use of clean and innovative technologies. This series of Guides is adapted from coursework that is designed to develop technical leadership capacity in energy development and greenhouse gas emissions reduction that are both friendly to the environment and beneficial to economic growth. Sponsored by the USAID through a contract with the Energy Group of the Institute of International Education (IIE), Alternative Energy Development, Inc. (AED) developed the Best Practices Guide: Economic and Financial Evaluation of Renewable energy Projects. This Guide synthesizes the major conclusions and procedures for utilizing the analytic tools presented during the course and in training course materials. It is for financial decision-makers, project developers and others involved in the financing or development of renewable energy projects. It provides the analytic tools and technical understanding of renewable energy projects necessary to evaluate their economic and financial viability and to effectively structure such projects to meet requirements for project finance and market support
AED is an international consulting firm addressing the environmental implications of energy production and use. AED identifies, evaluates, promotes, and implements clean energy production and use projects, energy conservation and efficiency initiatives, environmental management alternatives, and greenhouse gas mitigation options. AEDís staff of internationally experienced engineers, economists, and environmental specialists headquartered near Washington, DC serves clients at home and around the world by fielding teams of consultants when and where they are needed. Technical services include among others, economic and financial analysis of energy alternatives; environmental and resource management; energy project design, development and finance; Joint Implementation projects; climate change studies and greenhouse gas abatement strategies; and Clean Development Mechanism pilot studies.