The United States is the most attractive country for renewable energy investments worldwide, with a RECAI score of 65.8. Mainland China ranked second, with a score of 70.7. The RECAI ranking is developed twice per year, and the higher the score of a country, the more attractive it is to renewable energy investments. The April 2021 score includes a COVID-19 parameter, taking into account economic vulnerability and risk factors.
Most attractive countries for renewable energy investments worldwide in 2023, based on RECAI score
* According to the source, "each parameter within five pillars comprises a series of datasets that are converted into a score 1-5 and weighted to generate parameter scores. These are then weighted again to produce pillar scores and then an overall RECAI score and ranking."
No information about maximum and minimum scores possible was provided by the source.
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EY. (June 30, 2023). Most attractive countries for renewable energy investments worldwide in 2023, based on RECAI score [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1121004/renewable-energy-country-attractiveness-score-global/
EY. "Most attractive countries for renewable energy investments worldwide in 2023, based on RECAI score." Chart. June 30, 2023. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1121004/renewable-energy-country-attractiveness-score-global/
EY. (2023). Most attractive countries for renewable energy investments worldwide in 2023, based on RECAI score. Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1121004/renewable-energy-country-attractiveness-score-global/
EY. "Most Attractive Countries for Renewable Energy Investments Worldwide in 2023, Based on Recai Score." Statista, Statista Inc., 30 Jun 2023, https://www.statista.com/statistics/1121004/renewable-energy-country-attractiveness-score-global/
EY, Most attractive countries for renewable energy investments worldwide in 2023, based on RECAI score Statista, https://www.statista.com/statistics/1121004/renewable-energy-country-attractiveness-score-global/ (last visited December 22, 2024)
Most attractive countries for renewable energy investments worldwide in 2023, based on RECAI score [Graph], EY, June 30, 2023. [Online]. Available: https://www.statista.com/statistics/1121004/renewable-energy-country-attractiveness-score-global/
