China and developing nations 'driving renewables forward'

Workers work at Asia's first solar thermal tower power station under construction in Yanqing in Beijing, China on Wednesday, June 30, 2010. With an investment of 120 million yuan, the solar thermal tower power plant will achieve grid at the end of this year and has an annual capacity of 2.7 million kwh of electricity, equivalent to eliminating 2,300 tons of carbon dioxide emissions from conventional power plants.(Photo By Liang Baohai/Color China Photo/AP Images)

China's commitment to clean energy and increasing commercial viability of key technologies are helping maintain global renewables growth, says business advisory group Ernst & Young (E&Y).

Unveiling its latest Renewable Energy Country Attractiveness rankings, E&Y claims the appetite of developing nations for clean energy means the outlook for the sector remains robust, despite some sluggishness in Western markets following the economic downturn.

Its quarterly survey scores and ranks countries on how well geared up their markets and infrastructures are for renewables investment and growth.

China consolidates the top spot it has held since last year, pulling further ahead of the second-placed US thanks to support for offshore wind and its “greenest” five-year economic plan to date.

The US’s score is…

Become a Recharge subscriber!

Or try our free trial.

Order Subscription

Already a member?

Login

Recharge App


Dowload the Recharge Mobile App
Get the free Recharge subscriber app on your device running iOS or Android.
Read Recharge anytime and anywhere.
Recharge IOS App