The US is the leading destination market for greenfield renewable and alternative power FDI, while Germany is the top source market. GlobalData’s renewable and alternative power foreign direct investment (FDI) report highlights the current trends in renewable and alternative power foreign investments. Buy the report here.
Between 2019 and 2023, the renewable and alternative power sector was the ninth largest FDI sector in terms of the number of greenfield investments. The renewable and alternative power sector accounts for 4.7% of global greenfield FDI projects.
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Greenfield foreign direct investment is when a company invests abroad to establish a new physical presence or expand an existing operation. Greenfield investments create jobs and/or involve a capital investment into the foreign location. Other forms of FDI, such as mergers and acquisitions, are not included as part of this definition.
Combined, the top ten destination countries account for 49.6% of total renewable and alternative power FDI projects.
The leading destination country for renewable and alternative power FDI is the US. Spain, UK and Brazil are also popular renewable and alternative power investment hubs.
According to GlobalData’s FDI Projects database, Canada-based companies were the leading source of greenfield renewable and alternative power investments into the US.
With respect to outbound FDI, Germany was the leading renewable and alternative power source market. Germany-based companies held a 10.7% share of total outbound renewable and alternative power FDI projects. France, UK, US and Spain are also top source markets for renewable and alternative power FDI.
To further understand global renewable and alternative power foreign direct investment trends, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s FDI Projects Database records greenfield FDI throughout the world in real-time. The data can be used to analyse company cross-border expansion activities as well as identify industry, thematic and geographic trends.
