24 Feb '16, 11pm

Renewable energy investment accounts for 50% of all global power transactions @MattRennie_EY

Renewable energy investment accounts for 50% of all global power transactions 19. February 2016 | Markets & Trends , Global PV markets , Industry & Suppliers | By: Edgar Meza Global investors are focused on adding wind and solar assets to their portfolios to comply with regulations and reduce exposure to increasingly volatile commodities, according to a new report by auditing group EY. In the U.S., EY said regulatory developments and five-year extensions to wind and solar tax credits would continue to bolster renewables investment.Flickr/LDWP Investment in renewable energy by accounted for 50% of global power and utilities transaction activity last year, according to EY's Power Transactions and Trends: 2015 Review and 2016 Outlook report. Total transactions in the power and utilities sector maintained momentum in the fourth quarter with deal value ending 2015 up 13% from 2...

Full article: http://www.pv-magazine.com/news/details/beitrag/renewable...

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