Ernst and Young have just published their Renewable energy country attractiveness indices, which make interesting reading. Key points made include:
- There is a temporary glut of renewable energy supply chain capacity, as the financial crisis has hit demand, but in the longer term scarcity of supply is expected.
- New renewable energy manufacturing capacity is being built in China, India, USA and the Middle East, but jobs are being lost in Europe.
- Although lenders who finance renewable energy projects still have problems, they view the sector as one of the better opportunities for investment in the current climate.
- The top ten countries for investing in renewable energy are: USA, Germany, China, India, Spain, Italy, UK, France, Canada and Portugal.
