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In recent decades, with the unlimited use of fossil fuels, energy crisis has come. This is especially true for developing countries because of the increasing population and pollution. In this condition, new energy sources are becoming essential, which may be needed to alleviate energy sources pressure and promote economic development in the developing world. This paper focuses on the potential for developing renewable sources of energy to facilitate development in developing countries. Firstly, it introduces the advantages of renewable sources of energy. Secondly, the potential of many renewable energy sources are evaluated-namely solar energy, biomass energy, hydropower, and wind power. Finally, the influences of public policies to the use of renewable sources of energy are considered.