The company’s Europe Renewable Energy Policy Handbook 2015 says out of the various support mechanisms in Europe, FITs have emerged as a particularly effective way of promoting renewables, with wind and solar the biggest beneficiaries.
Siddhartha Raina, GlobalData’s senior analyst covering power, says the European Union’s renewables directive, which has set a target for each member state to increase its renewables share to 20% of total consumption by 2020, remains crucial for continuing industry growth.
“The
