From SiliconRepublic

In the coming years, Africa and Asia will gradually overtake Europe as one of the key areas of growth in the production and use of renewable energy technologies, a new report suggests.

The report released by EY shows that in 2013, Germany, as one of Europe’s leaders in renewable energy technology, suffered with its general election taking place last September, meaning a delay on discussions on how to reduce the cost of green energy.

This was coupled with a 46pc drop in investments in the technology last year.

Meanwhile, as reported previously, South Africa is enjoying a significant boom of late with regard to clean tech and has previously been voted by the IHS as the best country in the world in which to locate clean technologies.

Also, after a series of delays, phase two of India’s ambitious National Solar Mission attracted bids totalling 2,170MW, almost triple the 750MW on offer. This solar success will likely boost support for government plans to launch a similar programme for wind; the National Wind Energy Mission, announced in January, will target 100GW of wind power by 2022, a third of India’s estimated wind-energy potential.

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