Asia-based
companies
have
already
increased
their
investment
in
overseas
renewable
energy
markets
by
more
than
50%
during
2011
compared
to
the
previous
year,
completing
29
acquisitions
worth
$2.1bn.
Energy
industry
professionals
surveyed
by
accounting
firm
KPMG
believe
this
trend
will
continue,
with
China
the
most
likely
source
of
M&A
in
the
next
18
months,
according
to
more
than
40%
of
respondents.
Japan
and
South
Korea
are
also
expected
to
be
among
the
top
five
countries
driving
deals
abroad.
Japanese
corporations
have
already
made
their
mark
in
Western
renewable
energy
markets
with
both
Mitsubishi
and…
