Renewables Carry Energy Investments

Renewables Carry Energy Investments

Editorial Staff
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According to the latest report from Ernst&Young over 3.5 billions have been spent in the development of "green" energy in Europe in the second quarter of 2016

Renewables continue to attract investments and investors. This is stated in the report by Ernst & Young that points out that, in the second quarter of 2016, the volume of transactions in the clean energy sector on the European continent has now exceeded 3.53 billion euros. Analysts refer to renewables as an industry in which it is currently "safe" to commit capital, thanks to the policies that various States are fielding. Added to this are the long-term agreements for the development and support of alternative energy that can guarantee the sector stability. Germany, France and Italy are among the countries that most support the sector - with the latter two countries having upped their objectives with regard to "green" energy percentages to be produced in the coming years. But investments in renewable related technologies are also increasing in emerging countries such as India, several African states, China and in Asia in general, constituting a real driving force for investors who - from Europe and beyond - want to open up to new markets. Even the United States are aiming at an energy production scheduled to be 50% green by 2025. Total investment in "renewables" in the world - the EY experts conclude - has now reached over 334 billion euros.