Global Renewables 'Brightspots'
BMI View: UK offshore wind, Japan solar PV, Turkey onshore wind, Chile solar PV and South Africa solar PV, CSP and onshore wind are all 'brightspots' in the global renewables market. Companies with exposure to these markets are well-positioned to capitalise on the significant growth opportunities we anticipate to unfold in the coming years.
Our Renewables Risks/Rewards Ratings (RRRs) give a thorough overview of the investment climate in the renewables segment in a particular market, drawing on different factors that highlight the relative attractiveness of the sector. This proprietary tool provides the basis for our selection criteria for our top global renewables markets. In addition, a certain degree of analyst subjectivity has also been employed in order to fully assess the appeal of a market, as key drivers in renewable energy growth include factors such as government conviction towards renewable technology, diversification efforts and fuel import dependency/indigenous natural resources availability.
We have selected one country in each region (in the BMI universe) that we believe has particularly strong growth potential for renewable energy, supported by a solid project pipeline and a relatively investor friendly business environment. Each country outperforms the respective regional average Renewables RRRs score, even if the market does not top the regional ratings table.
|Outperforming Regional Averages|
|Renewables Risk/Reward Ratings by Country and Region (Scores Out Of 100)|