IRENA's May 2023 report details the cost of capital by country for renewable energy projects.
An issue not addressed in the IRENA report -- as far as I can tell from a quick skim -- is perception of risk. Financiers are professional gamblers. They may be happy to invest in a project they see as carrying a high risk, but the investment must promise a high rate of return. There is no such thing as the cost of capital; the CoC will vary widely depending on a host of factors that...
The increase in cost and the fact that project finance dominated renewable energy deals, (88 percent of the experts surveyed by IRENA) will certainly have an impact on new renewable energy projects. Financin
I don't understand these crazy numbers. You really need to compare the cost to the great expense of building and fueling other types of power. Renewable are always less expense. If the materials are too expensive got Solar PV for example let them import the best cost panels.