Global Trends in Renewable Energy

Global Trends in Renewable Energy

Over the last decade, renewable energy projects have become credible low-carbon alternatives to carbon-intensive fossil fuel-based projects.

 Global Trends in Renewable Energy

Despite the impact from low oil prices, there has been a shift in the renewable energy profile in many countries, made possible through a combination of interventions:

  • use of legislation and feed-in-tariff (FiT) where available
  • tax incentives on technology imports and development
  • advancement in commercial-scale technology
  • newer forms of commercial structuring and funding avenues, such as green bond financing

Governments around the world, even in emerging markets, are now focusing on renewable energy.

We take a closer look at the trends driving this shift, such as, environmental considerations, global commitments, technology, and a strong sector appetite for green projects.

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