Evaluating the Financial Feasibility of Renewable Energy Integration in Construction Sector

Abstract

This important study details how economically viable renewable energy systems are in building and construction. The document begins with an intriguing discussion of renewable energy's role in sustainable development and environmental protection. For this article, a thorough literature review examines theoretical frameworks and financial analysis methods that support adding renewable energy systems to construction projects.This study examines many scholarly journals, industry reports, and conference papers using a qualitative secondary research design and the new Onion Framework. Using ideas, real-world data, financial evaluations, and case studies, layered analysis can reveal complex details about renewable energy systems' building industry profitability. A full comparison is in "Results." This section includes numbers and case studies that demonstrate the financial importance of switching to renewable energy. Show how upfront costs, payback periods, IRR, and comparative cost analyses differ between traditional and renewable energy systems using tables and figures. This research is combined with others in the discussion to explain how renewable energy systems affect construction costs. In addition to economic benefits, it suggests more research on regional differences and policy changes. This study suggests renewable energy systems in construction could be profitable. Although these systems require different initial investments, they may be cost-effective over time. It shows how important renewable energy strategy is for financially and environmentally sustainable building.