Abstract
Energy is essential to a recent way of life that needs to be addressed in economic and environmentally supportable improvement negotiations. The economic output of solar energy development has become the primary concern, particularly in emerging nations like Pakistan. The present research estimates a techno-economic analysis and sustainable green revolution by improving this country’s solar energy projects (SEP). The study observes the moderating role of top management and risk factors of the procedures between financial management procedures and the economic output of SEP. A comprehensive opinion poll assessment accomplishes the investigation on facts from 61 respondents (finance executives, financial managers, shareholders, and owner investors). Partly least squares structural equation modeling (PLS-SEM) evaluates the hypotheses. The findings indicate that a techno-economic analysis and green revolution favor the ecological improvement of solar energy installations. The cash-flow analysis significantly contributes to the SEP’s improved economic output. In addition, the results reveal that the role of top management and risk factors suggestively moderate the relationship between financial management procedures and the economic output of SEP. These outcomes give policymakers, competent authorities, and regulators an excellent guide to upsurge cleaner fabrication and ecological improvement of SEP.
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Shahid Ali: conceptualization, writing—original draft, formal analysis, data handling, conceptualization, variable construction, and methodology. Qingyou Yan: supervision, funding acquisition. Huaping Sun: variable construction and methodology. Muhammad Irfan: writing—original draft, formal analysis. Each author has reviewed and approved the final version of the document.
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The present investigation followed the criteria outlined in the Declaration of Helsinki. The Official Assessment Board of Superior University has confirmed Pakistan (protocol 981–9 on 20 August 2022).
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Appendix
Appendix
The level of cross-examinations and how respondents (finance executives, financial managers, shareholders, and owner investors) contradicted the semi-structured interview (Appendix Tables 7 and 8).
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Ali, S., Yan, Q., Sun, H. et al. Sustainable green revolution through the development of solar power projects in Pakistan: a techno-economic analysis. Environ Sci Pollut Res 30, 80123–80143 (2023). https://doi.org/10.1007/s11356-023-28117-4
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DOI: https://doi.org/10.1007/s11356-023-28117-4