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Climatescope 2014 – Global Study Shows Clean Energy Activity Surges In Developing World; China, Brazil and South Africa show wide diversity of clean energy investment opportunities

28 October 2014 (Bloomberg New Energy Finance)

"Developing nations represent a large and rapidly growing share of the world’s clean energy investment, according to Climatescope 2014…The results suggest renewable technologies can be just as cost-competitive in emerging parts of the world as they are in richer nations…[A] country-by-country assessment, interactive report and index, [it] offers the clearest picture yet of clean energy in 55 emerging markets in Africa, Asia and Latin America and the Caribbean…[C]lean energy capacity added in these nations grew at a faster pace than in developed countries, more than doubling in the past five years and totalling 142 GW (more than France’s current capacity)…

“…[The Top Ten countries are] China, Brazil, South Africa, India, Chile, Uruguay, Kenya, Mexico, Indonesia, Uganda…[China ranks #]1 as the largest manufacturer of wind and solar equipment in the world and the largest demand market for said equipment [, but Brazil is close behind at #2]…South Africa, Kenya and Uganda were among the top scorers…Latin American and Caribbean nations were buoyed by Brazil, but also relative newcomer Uruguay: While Brazil still dominates, Latin America and the Caribbean as a whole is emerging as a destination for clean energy investment…Small-scale renewables offer the most efficient way to provide energy access to vast numbers of people living without power. Tanzania has the most advanced regulation to encourage these types of projects, with a host of small power projects in the pipeline…” click here for more

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