It is important not to underestimate the increasingly important role of renewables in the low carbon agenda, especially as the energy sector positions itself for future demand growth in the context of carbon reduction targets.
- The number of renewable M&A deals increased by over 70 percent between 2009-2010
- Following significant investment in renewable energy, China has become the second most targeted country for acquisitions
- The value of Biomass M&A deals more than doubled year on year in 2010 and is poised to maintain this momentum in 2011.