Renewables sector on verge of revival

"According to Bloomberg New Energy Finance, investment in large renewable energy projects in Australia is currently running at one-third of what is needed to meet the 2020 target. Investment in large-scale renewables projects was just $1.18 billion last year, compared with $3.6 billion a year needed to meet the target, BNEF calculated in a report last week."

Read more: http://www.smh.com.au/business/ener...revival-ey-20160122-gmbxq4.html#ixzz3yCAWIBwG

"Australia's performance contrasted with the global picture, with worldwide investment in clean energy reaching a record $US329.3 billion last year, up 4 per cent on 2014. China was again the biggest investor, with a 17 per cent increase to $US110.5 billion."

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