The rate of return for solar projects in most of the developing world is more than double the rate in Europe, according to new data from Mercatus.
Mercatus offers digital renewable energy deal assessment software that hosts more than 80 gigawatts of renewable energy projects. Using data from the global portfolio of projects on its platform, Mercatus’ findings support the trend that emerging markets are now the leader for clean energy investment.
Utility-scale projects, the bigger the better, are the hallmark of renewable projects in emerging markets when compared to smaller-scale solar installations in developed nations, according to Mercatus.
