NBAD Report: Solar PV expected to reach grid parity in 80% of countries by 2017

A National Bank of Abu Dhabi (NBAD) Report: Financing the Future of Energy, which was launched yesterday at the Global Financial Markets Forum in Abu Dhabi identifies the need for innovative approaches to financing the energy infrastructure to meet future demand. Energy demand in the Gulf is expected to triple in the next fifteen years far outstripping today’s supply. Closing the global energy gap will require $48 trillion of investment over the next 20 years in projects that provide additional energy generation capacity and improve the efficiency of energy use.

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