Nordic countries are ideal for investments in wind in Europe, and Spain in solar, thanks to record low power production prices, strong resources and stable policy frameworks, the head of the renewable energy investment platform backed by Canada's Pension Plan Investment Board (CPP Investments) told Recharge.

Renewable Power Capital (RPC), which develops and operates onshore wind and solar projects for CPP Investments, last month had formed a joint venture with local developer Benbros Solar to develop over 3.4GW