26 Mar '13, 2pm

Policy Still a Concern for Renewables Investors in Top 10 Nations

Policy Still a Concern for Renewables Investors in Top 10 Nations

While policy uncertainty continues to put off investors worldwide and the economic crisis continues to bite, many nations are taking steps to address their problems, although we won't see the effects for a while. Find the full report here . China , in the lead once again, has announced ambitious capacity targets for 2013, pending legislation on national renewable energy quotas for grid companies and the strategic nature of its outbound investment in international wind and solar projects. EY points to the outflow of government-backed funds and manufacturing capability to other parts of the world - Latin America in particular - as indicative of a wider strategy to support the sector during this challenging period by “bundling” finance packages with Chinese equipment and broadening the country's manufacturing base outside China. And EY cautions that, while this capital and ca...

Full article: http://www.renewableenergyworld.com/rea/news/article/2013...

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