Robert Pleticha

Global Trends in Renewable Energy Investment 2017

Discussion created by Robert Pleticha Partner on 19-Apr-2017
Latest reply on 19-Apr-2017 by Enrico Furnari

The United Nations and Bloomberg New Energy Finance recently published a report on the "Global Trends in Renewable Energy Investment 2017," which you can read in full here:

http://fs-unep-centre.org/sites/default/files/publications/globaltrendsinrenewableenergyinvestment2017.pdf 

 

Despite less investment in the renewable sector, a "sharp reduction in capital costs for solar photovoltaics, onshore and offshore wind," has resulted in unsubsidized wind and solar now being the cheapest source for new electric power.

 

No thanks to the election of Donald Trump, thanks to China's ambitious plans in the coming years.

 

China will install 36% of all global hydro electricity generation capacity from 2015-2021, according to the report. During the same period, it will install 40% of all worldwide wind energy and 36% of all solar, the IEEFA said.

 

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