Pool risks to push clean energy

Even as renewable energy is on the upswing, it is still far from an obvious choice for investors

For the past three years, much of the power sector investment in India and around the world has been in renewable energy. In 2016, renewable energy and power grids accounted for 80 per cent of the $718 billion invested globally in electricity. Yet, many investors remain wary of investing in renewable energy. This is particularly evident in developing countries, which have the largest potential for solar power and substantial potential for wind energy but are perceived as untenable markets for conservative investors. Why do clean energy investments remain risky, despite the trends? How could these risks be hedged, such that