Moving forward
Investment policies: UBS and Citigroup are advising investors to prepare for a move away from fossil fuels towards solar, thanks to the rise of electric vehicles and the falling cost of battery storage. The question now is whether their investment bank peers will follow suit.
“Moving forward, we believe global solar growth will be driven by economics, fuel diversity and emerging financing vehicles as well as some country-specific legislative overlay. Moreover, this growth looks set to continue for the long term, as solar takes an ever greater share of energy generation, helped by improving economics against fossil fuels.” “Large central …
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