Global affairs in renewable energy will be going through a once-a-decade transformation in 2012-2015 as the public policy settles into a "post-2008 financial crisis and post-2009 Stimulus" mode; as markets expand beyond the EU, US and China to every country in the world; as manufacturing continues to be driven by circumstances in Asia, and as financing becomes more pervasive and sophisticated. The global promotion of policy by IRENA, REN 21, and IEA will foster new markets such as Australia, South Africa, Brazil, and other countries. Project financing will continue to move toward longer-term, lower-cost debt capital as governments absorb market risk through policy. The project development industry will spread resources into new markets. Manufacturing of components
展开▼
