Maybe this means renewable energy will make economic sense in the future because as this article points out there is more private investment going into this energy area. However, a major part of this investment is from Denmark that has a vested interest in wind energy. Read and enjoy.
Renewable energy deals hit record high in 2011: report
Global renewable energy deals climbed 40 percent to a record high of $53.5 billion last year from $38.2 billion in 2010, as solar, wind and energy efficiency overtook hydropower as the main deal drivers for the first time, a report said on Monday.
Historically, hydro power has dominated renewables deal flow, but deals worth $1 billion or more in wind, solar, biomass and energy efficiency have outnumbered hydro by seven to one, the PriceWaterHouse Coopers report said.
The renewables market is maturing, fuelling more consolidation, and a rethink of the role of nuclear in many countries after the Japanese nuclear crisis last year provided an extra boost to renewables generation in certain markets.
