Renewable sector thirsty for capital but EM growth at risk

Solar farm La Rochelle financed SG from SG for use 229x150
By Jon Hay
22 Jun 2020

Hopes that the recovery from the Covid-19 recession can be a green one have been widespread throughout the crisis, and no sector is more important to that aspiration than renewable energy. The industry as a whole has been well buffered from the downturn, but there are points of pain, and the post-pandemic market will be different.

“Even before Covid it was very clear that the dynamic is for much higher levels of renewables,” said Harry Boyd-Carpenter, head of energy EMEA at the European Bank for Reconstruction and Development in London. “We are transforming the European energy sector in 10 years to more than 50% ...

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