More countries around the world have policies in place supporting renewables, and those policies are becoming increasingly sophisticated – if not always more generous – in their treatment of wind and solar, according to REN21’s annual Global Status Report.
By the beginning of 2014, 95 developing countries had renewables support policies in place – up from just 15 in 2005.
Indeed, with support mechanisms now in place in 144 countries globally, there are few virgin markets to crack – and the focus is shifting to the refinement of existing policies.
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