Renewable Energy Entrepreneurs: A Conceptual Framework

The adoption of renewable energies contributes to sustainable development worldwide. Entrepreneurs are key agents in facilitating their promotion, as they improve the mix of the means of production and thus transform renewable energy technologies into viable energy systems. Nonetheless, the literature tends to treat entrepreneurs as a homogeneous group, thus preventing comprehensive understanding of their motivations, behaviors, capabilities, and effects. This study addresses this research gap by identifying and categorizing the various characteristics of these entrepreneurs and developing an integrated classification method. Four examples of renewable energy entrepreneurs, in China, Denmark, Germany, and India, are analyzed according to the proposed classification method, while demonstrating their differences. Thus, through proposing a new analytical typology, this study improves our understanding of renewable energy entrepreneurs and their significant role in the promotion of renewable energy worldwide.