Abstract: The traditional fossil energy has become increasingly depleted. Countries around the world have begun to develop new energy to gradually phase out the use of fossil energy. China's modernization is developing at a high speed, and sufficient energy support is essential. However, domestic new energy companies still have little room for survival and face key issues such as financing difficulties. Although financing can help new energy companies to alleviate insufficient funds, it also brings unavoidable risks. Aiming at the financing and financial risks of new energy companies, this article first analyzes the financing characteristics of new energy companies, and then points out the main financial risks generated by such companies in the financing process.