Clean energy to benefit from government policy, says Pictet
The sector will be among the first to benefit from a normalising credit environment, says Philippe de Weck of Swiss firm Pictet.
Government policy has been supportive of the clean energy sector despite the recessionary environment, and such investments should start reaping the benefits this year, says Philippe de Weck, senior investment manager at Swiss fund manager Pictet.
Clean energy investment was down 26-32% last year, following a 38% annual growth rate from 2002 to 2008, according to New Energy Finance. But it will see a return to structural growth this year, says de Weck, who manages Pictet's Clean Ener…
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