31 May '13, 8pm

US Now Most Attractive Market for Renewable Energy, Finds Ernst & Young

US Now Most Attractive Market for Renewable Energy, Finds Ernst & Young

Ernst & Young’s (EY’s) 10th annual Renewable Energy Country Attractiveness Index finds that the US is again the most attractive place in world for renewable energy, supplanting China, which held the top spot in the previous index. The annual report ranks 40 of the most active countries for renewables based on a number of factors, including incentives, opportunities for projects and more. The London-headquartered, international accounting firm says that the global investment in clean energy grew to $269 billion in 2012, a five-fold increase from 2004, the first full year of EY’s renewable energy index. It also shows that the sector has moved from the fringes and is now more mainstream . “The sector now competes for investment with more traditional energy sources,” EY contends in the report. It adds that solar, biomass boilers and mini wind turbines are allowing people to pr...

Full article: http://www.renewableenergyworld.com/rea/blog/post/2013/05...

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