Solar shines brightest for renewables-keen investors

Solar shines brightest for renewables-keen investors

According to PV-Tech news, Institutional investors surveyed by the Octopus Group have ranked grid-scale solar power as their top deployment target, amid plans to inject US$210 billion in the broader renewable sector within five years.

A poll of 100 names published by the firm, found 43% of those managing a portfolio of renewables were invested in solar, ahead of firms invested in the onshore and offshore wind (28% each), hydropower (27%) and waste-to-energy and biomass (an aggregate 24%). Of the respondents – a mix including pension funds, insurers, and banks with US$6.8 trillion in combined assets under management – Australians (63%) were keenest on solar, followed by EMEA (58%), Asian (45%) and UK firms (29%). The industry was the most sought-after also among firms currently not invested in renewables, although some appeared skeptical. Some 58% of those managing a renewables-free portfolio claimed to be considering solar plays, while 21% were not contemplating it and another 21% felt unsure. ——————–***——————–
Source:tinyurl.com/y657eaj4
Photo:www.pv-tech.org
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Date: Feb 12, 2019 @ 10:31

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