Il 2014 it was a historic year for green technologies. This is confirmed by the estimates ofInternational Observatory on the Industry and Finance of Renewables-Agici, presented on June 30 at Bocconi by Professor Andrea Gilardoni. According to the report, the sector grew by 130 GW during the year, for an investment of 264 billion euros. Estimates for the future, on the other hand, speak of a growth in the global renewables market of around 155 GW per year to reach 2.650 GW in 2020 (+ 50%). Stable or slightly growing economic-financial performance, supported in particular by the growth of operators in the United States.
As for the international profile of the sector, large companies active in renewables are shifting investments from Europe to the USA while emerging countries are still seen as too risky.
The incentives are running out and the sector is starting up to industrialization. Companies in the sector are rationalizing investments by abandoning speculative ones and focusing on industrial ones. Furthermore, the decline in the investment cost of the plants and the growth in their efficiency continue.
Instead, the concentration of the sector is increasing: M&A operations in 2014 amounted to 69 billion dollars, while the attention of long-term investors (public banks, pension funds, infrastructure funds, insurance companies) is growing towards the renewable energy sector . Stable or slightly growing economic-financial performance, supported in particular by the growth of operators in the United States.
