As a litmus test of Private-Public Partnership (PPP) -- that concept in which the private sector drives and the government enables -- the quest to grow the renewable energy sector is increasingly taking on a blood red color.
The reddening denotes that the substance being tested (renewable energy investments in this case) is turning acidic, or too bitter to the taste of investors. In the case of the companies that invested heavily in the renewable energy sector, this litmus test result also shows that red will be the color of their bottom line in years to come.
Pioneer renewable energy developers who took part in the “Renewable Energy Forum” last Dec. 7 expressed concern about future for renewable energy is that old gremlin called government waffling, as the government is simply not enabling renewable energy development in the country. Too many government officials appear to be involved but clearly nobody is in charge.
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