The accounting firm Ernst & Young says the U.S., China and Germany top the list of markets attractive for developers of renewable energy technologies.
Quarterly data that ranks national renewable energy markets and their suitability for individual technologies puts the U.S. on top with a score of 70 out of 100, followed by China, scoring 67. The Ernst & Young All Renewables index considers factors such as debt and equity markets in coming to conclusions.
Germany came in third on the latest list. One factor possibly having an impact in that country are potential solar tariff cuts that may drive investors away, the accounting firm said. India ranked fourth followed by the U.K., tying with Spain, after Britain rolled out plans to extend its renewable obligations system to 2037.
