Investors prefer biomass to solar and wind: KPMG report
In the UK, a new KPMG study shows that M&A investors are more interested in biomass than either solar or wind. In the survey, 37% of respondents said they intend to invest in biomass while 36% want to invest in solar and 35% want to invest in wind.
The renewable energy M&A market increased 145% during Q1 2010 against 2009 as small start-ups who managed to weather the economic crisis but don’t have cash for expansion get swallowed up.
The US, China and the UK are the largest markets for renewable energy M&A.
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