A record 5.4 GW of power purchase agreements were signed in 2017, with the US and the Netherlands, Norway and Sweden, leading the way, according to BNEF (Bloomberg New Energy Finance). Last year's total far outstripped 2016 and 2015 figures of 4.3 GW and 4.4 GW respectively, and Bloomberg New Energy Finance expects 2018 to be even better, as markets in Latin America and Asia open up. However, the report said growth would be stymied in China and Japan due to "regulatory barriers".
A record 5.4 GW of power purchase agreements were signed in 2017, with the US and the Netherlands, Norway and Sweden, leading the way, according to Bloomberg New Energy Finance (BNEF). Last year's total far outstripped 2016 and 2015 figures of 4.3 GW and 4.4 GW respectively, and BNEF expects 2018 to be even better, as markets in Latin America and Asia open up. However, the report said growth would be stymied in China and Japan due to "regulatory barriers".