Akademik Veri Yönetim Sistemi
Contributions to Finance and Accounting, Springer Nature, ss.355-367, 2021
The main purpose of this study is to evaluate the risks in solar energy investments. In this regard, a detailed literature analysis has been performed and 5 different risk factors are identified. After that, it is aimed to determine which risks play more significant role for solar energy companies. For this purpose, an evaluation is made by using fuzzy Entropy methodology. As a result, it is seen that economic risks have the highest importance for these investment projects. In addition to this condition, political risks are other important issues for these companies. It is also concluded that environment risks have the lowest weight. While considering these issues, it is understood that solar energy investors mainly focus on the volatility in the economy. Within this framework, currency exchange rate risks, inflation and economic growth should be taken into account by making investment decisions to solar energy projects. Moreover, political conditions in the country should also be considered by the investors in this process. Otherwise, it will be very difficult to have sustainable success in the solar energy investment projects.