10 Oct '17, 11am

China retains top spot in renewable energy market attractiveness ratings

Solar PV is proving the main beneficiary with capacity in China increasing by 21GW in six months, Ernst and Young (EY) noted in its annual Renewable energy country attractive index (RECAI) . China also topped the analysts’ rankings for onshore wind and its offshore rating was second only to the UK, which received special mention for its second contract for difference (CfD) auction . France, meanwhile, climbed to sixth in the RECAI, while Argentina, Morocco, the Netherlands, Turkey, Egypt and Portugal all saw their stock rise. Turkey’s last tender awarded 1GW to onshore wind at 50% below the ceiling price and its PV capacity tripled in a year to 1.5GW, while in Egypt a feed-in tariff (FiT) system has resulted in 1GW of PV under construction, with more projected for next year, potentially under an auction system. A decline in new investment this year due to grid overcapacity...

Full article: http://www.windpowermonthly.com/article/1446943/china-ret...

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