Featured in More than just a number – 03-2018

The sun shines brighter if the risks don’t cloud it

Finance in developing countries: Economics teaches that capital flows from where it is in surplus to where it is in demand. But that is not the case with renewable energy. The biggest pots of institutional capital in advanced economies are not shifting to developing ones. It is time to take a hard look and develop solutions that resolve this anomaly.

By

pv magazine

13 Mar 2018

Experts gather at the International Solar Alliance’s Dialogue on Renewable Energy event, held in New Delhi on December 7, 2017. | Image: CEEW

In 2017, $333.5 billion was invested in clean energy, 3% higher than 2016. Solar investments reached $160.8 billion, 18% year-on-year growth. But more than half of the solar investment was in China. Longer-term trends suggest the share of foreign capital in asset financing in China, Brazil, or India ranges between 4% and 18%. This is …

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