Seminar paper from the year 2011 in the subject Economics - Innovation economics, grade: 1,7, course: Managing for innovation, language: English, abstract: This paper aims to analyze the innovations in the renewable energy sector. First of all, it provides some background information about the recent environmental issues. Secondly, it analyzes different governmental decisions in the innovation sector with the goal to fight global warming. The main aim of this paper focuses on the innovation development within the renewable energy industry. It also further researches product and process innovation, the governmental financing decisions on renewable energy projects and the resulting benefits.