ABSTRACT
In the context of the climate change, innovative financing solutions and the rapid development of financial technology (fintech) offer great potential for renewable energy growth. Based on panel data from 30 provinces in China, this chapter explores the impact of fintech on renewable energy growth. We also pay attention to the nexus between fintech and renewable energy growth at different quantiles. In addition, the moderating role of the digital economy and the mediating role of green technological innovation are also explored in this chapter. The main results indicate that (1) fintech positively affects renewable energy growth in China; (2) the positive effect between the fintech and renewable energy is stronger in provinces with lower levels of renewable energy growth; (3) digital economy on the one hand can significantly accelerate renewable energy growth, on the other hand under the help of digital economy, fintech can play a more effective role in increasing renewable energy growth; and (4) the fintech indirectly promotes renewable energy growth by increasing the level of green technology innovation. The findings provide meaningful references for governments and policymakers and encourage accelerated fintech adoption in the sustainable energy sectors.
