EY: Renewables investment blasts past $300bn barrier in 2020

Michael Holder
clock • 3 min read
Wind farms in the UK are getting larger, with Equinor’s planned Dogger Bank project set to have the same capacity as Hinkley Point C | Credit: Equinor
Image:

Wind farms in the UK are getting larger, with Equinor’s planned Dogger Bank project set to have the same capacity as Hinkley Point C | Credit: Equinor

UK ranked fourth most attractive destination for renewables projects, according to latest edition of influential report, but consultancy giant warns far higher levels of investment needed worldwide to hit net zero emissions

The UK is the fourth most attractive country in the world for investing in renewable energy projects, according to EY's latest ranking, which estimates global renewables capacity investment surged to its...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Energy

Nina Skorupska

Outlook on 2022: The last throes of resistance to the energy transition

2021 was a year like no other for renewables, and 2022 looks set to be another historic year, writes REA chief executive Nina Skorupska

Nina Skorupska, REA
clock 29 December 2021 • 5 min read
A Nordic energy giant shows how a carbon turnaround happens

A Nordic energy giant shows how a carbon turnaround happens

Offshore wind energy powerhouse Orsted demonstrates that a pivot away from fossil fuels is possible

Bill Spindle and Milo McBride, GreenBiz.com
clock 24 December 2021 • 4 min read
Fuelling the transition: How investors can really move the dial on sustainable energy

Fuelling the transition: How investors can really move the dial on sustainable energy

Investors need to look carefully at how this capital is allocated towards renewables in order to maxmise the impact, writes Octopus Group co-founder Chris Hulatt

Chris Hulatt, Octopus Group
clock 23 December 2021 • 5 min read