Friday, September 7, 2012

Ernst & Young says China is the most attractive market for renewable energy investment

Ernst & Young says China is the most attractive market for renewable energy investment

07.09.2012: According to the latest edition of Ernst & Young’s renewable energy attractiveness indices, China was by far the most attractive market for renewable energy investment in the second quarter of 2012. The professional services firm argues that green job creation schemes, the quadrupling of its solar target to 50 GW by 2020 and a policy-driven acceleration of domestic solar installations has made China the most attractive market for renewable energy investment worldwide. The US and Germany share second place – policy gridlock in the run-up to the November presidential elections has made the US less attractive, while an ambitious renewables agenda in Germany has helped that country remain attractive to investors. Spain and Italy, meanwhile, have fallen further down the ranks due to sovereign credit crises, while inconsistent policy in the UK has made potential investors there wary. Ernst & Young sees great potential in emerging markets such as South Africa, Saudi Arabia, Brazil and Japan. … Source: Ernst & Young; Summary: PHOTON

http://www.ey.com

http://www.ey.com/GL/en/Industries/Cleantech/Renewable-energy-attracti
veness-indices---August-2012

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com

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