20 Jul '14, 11pm

Foreign investment in UK green energy climbs

Foreign investors placed their money in 61 British renewable energy projects last year, confirming the sector as one of the most attractive industries for overseas investment, a new government report has shown. UK Trade and Industry yesterday said 2013/14 was a stellar year for foreign investment, after a new report showed the UK attracted the highest number of inward investment projects since records began in the 1980s. FURTHER READING Davey: "We are the fourth most energy secure country in the world" DECC report reveals how renewables investment is dominating the energy market The report highlighted renewable energy among the top 12 sectors for inward investment, with 61 projects winning foreign backing last year, up from 46 in 2012/13. Offshore wind has proved a particularly attractive area as the UK continues to lead the market and has ambitious targets to build at lea...

Full article: http://www.businessgreen.com/bg/news/2356189/foreign-inve...

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