Grant Thornton
Abstract: Renewable energy is at the forefront in the fight against climate change. This has translated into rapid renewable energy commercialisation and industry expansion,therefore leading to an increase in the number of deals in the sector. Some $201 billion has been invested in utility-scale renewable energy projects alone in 2016,with wind and solar leading the industry in terms of MW deployment and deal value. The market is expected to see high growth in investments over the coming decades as project costs continue to decrease and grid parity is achieved in more and more geographies.