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World's top 10 renewable energy markets

  • <p><b>1. China</b></p>China retains its top position. The report stated that while the country is still challenged by oversupply of wind turbines and solar panels, there are signs that the country is taking action to address the grid transmission issues.<p>All renewables: 70.2</p><p>Wind index: 77</p><p>Solar index: 64</p><p>Biomass/other: 60</p><p>Geothermal: 51</p><p>Infrastructure: 75</p><p>(Photo: Getty Images)</p>
    1/10

    Top 10 renewable energy markets

    1. China

    China retains its top position. The report stated that while the country is still challenged by oversupply of wind turbines and solar panels, there are signs that the country is taking action to address the grid transmission issues.

    All renewables: 70.2

    Wind index: 77

    Solar index: 64

    Biomass/other: 60

    Geothermal: 51

    Infrastructure: 75

    (Photo: Getty Images)

  • <p><b>2. United States</b></p>A lack of signaling on the likelihood of an extension to the critical PTC for wind projects, and a series of solar sector setbacks have exacerbated the development of a cohesive energy policy difficult, according to the report.<p>All renewables: 66.0</p><p>Wind index: 64</p><p>Solar index: 71</p><p>Biomass/other: 61</p><p>Geothermal: 67</p><p>Infrastructure: 60</p><p>(Photo: Reuters Pictures)</p>
    2/10

    Top 10 renewable energy markets

    2. United States

    A lack of signaling on the likelihood of an extension to the critical PTC for wind projects, and a series of solar sector setbacks have exacerbated the development of a cohesive energy policy difficult, according to the report.

    All renewables: 66.0

    Wind index: 64

    Solar index: 71

    Biomass/other: 61

    Geothermal: 67

    Infrastructure: 60

    (Photo: Reuters Pictures)

  • <p><b>2. Germany</b></p>Germany secured the third position after the Government proactively addressing barriers to offshore wind development and establishing some sense of stability in the solar sector.<p>All renewables: 66.0</p><p>Wind index: 69</p><p>Solar index: 61</p><p>Biomass/other: 69</p><p>Geothermal: 58</p><p>Infrastructure: 73</p><p>(Photo: Getty Images)</p>
    3/10

    Top 10 renewable energy markets

    2. Germany

    Germany secured the third position after the Government proactively addressing barriers to offshore wind development and establishing some sense of stability in the solar sector.

    All renewables: 66.0

    Wind index: 69

    Solar index: 61

    Biomass/other: 69

    Geothermal: 58

    Infrastructure: 73

    (Photo: Getty Images)

  • <p><b>4. India</b></p>In India, severe blackouts have resulted in speculation that the country has attracted insufficient private investment to modernize its power infrastructure and that renewable energy investment may suffer amid wider power system reforms.<p>All renewables: 64.1</p><p>Wind index: 64</p><p>Solar index: 66</p><p>Biomass/other: 61</p><p>Geothermal: 45</p><p>Infrastructure: 65</p><p>(Photo: Getty Images)</p>
    4/10

    Top 10 renewable energy markets

    4. India

    In India, severe blackouts have resulted in speculation that the country has attracted insufficient private investment to modernize its power infrastructure and that renewable energy investment may suffer amid wider power system reforms.

    All renewables: 64.1

    Wind index: 64

    Solar index: 66

    Biomass/other: 61

    Geothermal: 45

    Infrastructure: 65

    (Photo: Getty Images)

  • <p><b>5. United Kingdom</b></p>The UK has risen to fifth place as a result of Italy’s fall in the rankings, but has experienced a score decrease overall.<p>All renewables: 55.3</p><p>Wind index: 64</p><p>Solar index: 41</p><p>Biomass/other: 58</p><p>Geothermal: 36</p><p>Infrastructure: 65</p><p>(Photo: ThinkStock)</p>
    5/10

    Top 10 renewable energy markets

    5. United Kingdom

    The UK has risen to fifth place as a result of Italy’s fall in the rankings, but has experienced a score decrease overall.

    All renewables: 55.3

    Wind index: 64

    Solar index: 41

    Biomass/other: 58

    Geothermal: 36

    Infrastructure: 65

    (Photo: ThinkStock)

  • <p><b>6. France</b></p>The fall of Italy in the rankings results in France moving up to sixth place, despite the score decrease.<p>All renewables: 55.2</p><p>Wind index: 57</p><p>Solar index: 52</p><p>Biomass/other: 57</p><p>Geothermal: 33</p><p>Infrastructure: 55</p><p>(Photo: Getty Images)</p>
    6/10

    Top 10 renewable energy markets

    6. France

    The fall of Italy in the rankings results in France moving up to sixth place, despite the score decrease.

    All renewables: 55.2

    Wind index: 57

    Solar index: 52

    Biomass/other: 57

    Geothermal: 33

    Infrastructure: 55

    (Photo: Getty Images)

  • <p><b>6. Italy</b></p>due to worsening economic conditions putting pressure on access to finance for clean energy infrastructure projects, Italy has fallen a place when compared to its previous ranking.<p> All renewables: 55.2</p><p>Wind index: 56</p><p>Solar index: 56</p><p>Biomass/other: 50</p><p>Geothermal: 59</p><p>Infrastructure: 50</p><p>(Photo: Getty Images)</p>
    7/10

    Top 10 renewable energy markets

    6. Italy

    due to worsening economic conditions putting pressure on access to finance for clean energy infrastructure projects, Italy has fallen a place when compared to its previous ranking.

    All renewables: 55.2

    Wind index: 56

    Solar index: 56

    Biomass/other: 50

    Geothermal: 59

    Infrastructure: 50

    (Photo: Getty Images)

  • <p><b>8. Canada</b></p>Canada is ranked number eight for its contribution of renewable energy globally.<p>All renewables: 53.4</p><p>Wind index: 63</p><p>Solar index: 40</p><p>Biomass/other: 50</p><p>Geothermal: 36</p><p>Infrastructure: 66</p><p>(Photo: Getty Images)</p>
    8/10

    Top 10 renewable energy markets

    8. Canada

    Canada is ranked number eight for its contribution of renewable energy globally.

    All renewables: 53.4

    Wind index: 63

    Solar index: 40

    Biomass/other: 50

    Geothermal: 36

    Infrastructure: 66

    (Photo: Getty Images)

  • <p><b>9. Japan</b></p>Japan has climbed further to ninth place confirmation of the generous FIT rates proposed earlier in 2012 in respect of wind, solar, biomass and geothermal projects.<p>All renewables: 50.8</p><p>Wind index: 49</p><p>Solar index: 58</p><p>Biomass/other: 41</p><p>Geothermal: 48</p><p>Infrastructure: 54</p><p>(Photo: Getty Images)</p>
    9/10

    Top 10 renewable energy markets

    9. Japan

    Japan has climbed further to ninth place confirmation of the generous FIT rates proposed earlier in 2012 in respect of wind, solar, biomass and geothermal projects.

    All renewables: 50.8

    Wind index: 49

    Solar index: 58

    Biomass/other: 41

    Geothermal: 48

    Infrastructure: 54

    (Photo: Getty Images)

  • <p><b>10. Brazil</b></p>Brazil has fallen to tenth place in the index, mainly due to the withdrawal of funding by the national development bank in respect of projects utilizing turbines supplied by companies who have failed the bank’s local content requirements.<p>All renewables: 50.2</p><p>Wind index: 52</p><p>Solar index: 47</p><p>Biomass/other: 54</p><p>Geothermal: 24</p><p>Infrastructure: 51</p><p>(Photo: ThinkStock)</p>
    10/10

    Top 10 renewable energy markets

    10. Brazil

    Brazil has fallen to tenth place in the index, mainly due to the withdrawal of funding by the national development bank in respect of projects utilizing turbines supplied by companies who have failed the bank’s local content requirements.

    All renewables: 50.2

    Wind index: 52

    Solar index: 47

    Biomass/other: 54

    Geothermal: 24

    Infrastructure: 51

    (Photo: ThinkStock)

<p><b>1. China</b></p>China retains its top position. The report stated that while the country is still challenged by oversupply of wind turbines and solar panels, there are signs that the country is taking action to address the grid transmission issues.<p>All renewables: 70.2</p><p>Wind index: 77</p><p>Solar index: 64</p><p>Biomass/other: 60</p><p>Geothermal: 51</p><p>Infrastructure: 75</p><p>(Photo: Getty Images)</p>
<p><b>2. United States</b></p>A lack of signaling on the likelihood of an extension to the critical PTC for wind projects, and a series of solar sector setbacks have exacerbated the development of a cohesive energy policy difficult, according to the report.<p>All renewables: 66.0</p><p>Wind index: 64</p><p>Solar index: 71</p><p>Biomass/other: 61</p><p>Geothermal: 67</p><p>Infrastructure: 60</p><p>(Photo: Reuters Pictures)</p>
<p><b>2. Germany</b></p>Germany secured the third position after the Government proactively addressing barriers to offshore wind development and establishing some sense of stability in the solar sector.<p>All renewables: 66.0</p><p>Wind index: 69</p><p>Solar index: 61</p><p>Biomass/other: 69</p><p>Geothermal: 58</p><p>Infrastructure: 73</p><p>(Photo: Getty Images)</p>
<p><b>4. India</b></p>In India, severe blackouts have resulted in speculation that the country has attracted insufficient private investment to modernize its power infrastructure and that renewable energy investment may suffer amid wider power system reforms.<p>All renewables: 64.1</p><p>Wind index: 64</p><p>Solar index: 66</p><p>Biomass/other: 61</p><p>Geothermal: 45</p><p>Infrastructure: 65</p><p>(Photo: Getty Images)</p>
<p><b>5. United Kingdom</b></p>The UK has risen to fifth place as a result of Italy’s fall in the rankings, but has experienced a score decrease overall.<p>All renewables: 55.3</p><p>Wind index: 64</p><p>Solar index: 41</p><p>Biomass/other: 58</p><p>Geothermal: 36</p><p>Infrastructure: 65</p><p>(Photo: ThinkStock)</p>
<p><b>6. France</b></p>The fall of Italy in the rankings results in France moving up to sixth place, despite the score decrease.<p>All renewables: 55.2</p><p>Wind index: 57</p><p>Solar index: 52</p><p>Biomass/other: 57</p><p>Geothermal: 33</p><p>Infrastructure: 55</p><p>(Photo: Getty Images)</p>
<p><b>6. Italy</b></p>due to worsening economic conditions putting pressure on access to finance for clean energy infrastructure projects, Italy has fallen a place when compared to its previous ranking.<p> All renewables: 55.2</p><p>Wind index: 56</p><p>Solar index: 56</p><p>Biomass/other: 50</p><p>Geothermal: 59</p><p>Infrastructure: 50</p><p>(Photo: Getty Images)</p>
<p><b>8. Canada</b></p>Canada is ranked number eight for its contribution of renewable energy globally.<p>All renewables: 53.4</p><p>Wind index: 63</p><p>Solar index: 40</p><p>Biomass/other: 50</p><p>Geothermal: 36</p><p>Infrastructure: 66</p><p>(Photo: Getty Images)</p>
<p><b>9. Japan</b></p>Japan has climbed further to ninth place confirmation of the generous FIT rates proposed earlier in 2012 in respect of wind, solar, biomass and geothermal projects.<p>All renewables: 50.8</p><p>Wind index: 49</p><p>Solar index: 58</p><p>Biomass/other: 41</p><p>Geothermal: 48</p><p>Infrastructure: 54</p><p>(Photo: Getty Images)</p>
<p><b>10. Brazil</b></p>Brazil has fallen to tenth place in the index, mainly due to the withdrawal of funding by the national development bank in respect of projects utilizing turbines supplied by companies who have failed the bank’s local content requirements.<p>All renewables: 50.2</p><p>Wind index: 52</p><p>Solar index: 47</p><p>Biomass/other: 54</p><p>Geothermal: 24</p><p>Infrastructure: 51</p><p>(Photo: ThinkStock)</p>

India ranks fourth for its market potential in renewable energy, according to Ernst & Young’s renewable attractiveness index. China retains its first rank for its renewable sources.