While private sector backed investments in renewable energy are on a steep growth trajectory in Asia, there is potential for much more, according to a new report by consulting firm EY and the European Climate Foundation.
The joint report looked into the investment scene for renewable energy projects in eight Asian markets (Southeast Asia, Japan, South Korea and Taiwan), uncovering that there currently are over 800 projects in the pipeline with an aggregated investment value in excess of US$300 billion.
