Huge global renewables investment in 2017

The Energy and Environment team of business consulting firm Frost & Sullivan has examined power market trends, including installed capacity, investment, and regional development of coal-fired, gas-fired, nuclear, hydro, solar PV, wind and biomass power.

The team discovered that declining project costs are attracting increasing investment towards renewables. In 2017 global solar investment will probably be higher than investment in coal, gas and nuclear power combined.