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127 countries now supporting renewable energy schemes

Renewable energy support schemes now present in 127 countries, report finds PV Magazine, 28. AUGUST 2013 | MARKETS & TRENDS, GLOBAL PV MARKETS, APPLICATIONS & INSTALLATIONS | BY:  IAN CLOVER The Worldwatch Institute — an independent research organization based in Washington D.C. — reports that 127 countries worldwide have now enacted support schemes for renewable energy…….. Despite the economic downturn leaving a number of countries mired in recession and hamstrung by shrinking budgets, investment in renewable energy development and expansion has generally followed an upward trend, particularly in the solar photovoltaics industry, which has seen module costs fall by as much as 80% since 2008, and 20% since 2012.

At the beginning of this year, 66 countries offered tax incentives on renewable energy development, the report finds. And as the technology has proliferated, so has regional diversity.

In the middle of the decade, 58% of countries that enacted renewable energy support schemes were located in Europe and Central Asia. Today, that figure is slightly more than a third of the global total, with East Asia and the Pacific (21%), and Latin America and the Caribbean (LAC) following closely. http://www.pv-magazine.com/news/details/beitrag/renewable-energy-support-schemes-now-present-in-127-countries–report-finds_100012528/#ixzz2dOMWGZNk

August 29, 2013 - Posted by Christina Macpherson | 2 WORLD, renewable