> She stressed that the difficulties in funding did not alter the fact that power generation costs for renewables are cheaper than fossil or nuclear energy. “Many projects nevertheless need financial safeguards for the banks to make investments available,” Peter argued

Well that's a fun little quote. If renewables are already a cheaper alternative to power generation, why would you need government funding and safeguards to convince banks to invest in a project?

If the numbers work and a bank can see a clear psth to being paid back they will invest. There's clearly information being glossed over here that would explain why banks aren't willing to invest without government safeguards.