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China the ideal choice for renewable energy investors

Government backing, a growing market and flowing capital make China the ideal choice,

China Named Best Place To Invest In Green Energy NuWire INVESTOR  September 10, 2010 by:Kerri Shannon China has taken over the top spot on the latest list of top countries for green energy investment, beating out the US, Germany and India. Government backing, a growing market and flowing capital make China the ideal choice, while lack of enforcement and incentives cost the US its favorite status. See the following article from Money Morning for more on this…..China for the first time has overtaken the United States as the most attractive country for renewable energy investment, according to a quarterly index ranking released yesterday (Wednesday) by accounting firm Ernst & Young.

The government support in China gives it a huge advantage over the United States and other countries in pursuing clean energy projects. For example, in Australia where the government doesn’t make renewable energy projects nearly as much of a priority as China does, renewable energy stocks have fallen 31% in the past year………
China’s IPO Market Goes Green

The profit potential of renewable energy is too rich for investors to turn down as the industry becomes more competitive. The cost per unit of electricity generated by solar panels is falling 20% a year and could reach levels charged by coal-fired electric providers in about five years.

“Grid parity should be reached even sooner if a price on carbon is introduced by the Chinese government,” said Tim Buckley, portfolio manager at Arkx Investment Management.
Interested investors are targeting China, where the opportunities are growing at the fastest pace, and future investment in China’s renewable energy sector will be poured into a number of initial public offerings (IPOs) slated to debut in Hong Kong and U.S. markets in coming months.

China Named Best Place To Invest In Green Energy

September 11, 2010 - Posted by | China, renewable | , , , ,

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