To some people, renewable energy conjures images of ugly wind turbines and huge solar panels. But to a growing number of bankers and investment institutions, renewable energy is an increasingly attractive business. Once considered the preserve of vegans and sandal-wearers, alternative energy is moving towards the mainstream.
The shift has been rapid and pronounced, fuelled by a variety of factors. First, there is a growing acceptance that climate change is real and has come about, at least in part, as a direct result of the world’s use and abuse of fossil fuels. The EU has made a commitment to derive 20% of its energy from renewable sources by 2020.
