- Success in India's solar program has led to similar projects in other parts of the developing world such as Tunisia, Morocco, Indonesia and Mexico.
- Oil and world petroleum crises and inflation are helping promote renewables.
- Many think-tanks are warning that the world needs an urgency-driven concerted effort to create a competitive renewable energy infrastructure and market. The developed world can make more research investments to find better cost efficient technologies, and the manufacturing could be transferred to developing countries in order to use low labor costs. The renewable energy market could increase fast enough to replace and initiate the decline of fossil fuel dominance and the world could then avert the looming climate and peak oil crises. [65]
- Most importantly, renewables is gaining credence among private investors as having the potential to grow into the next big industry. Many companies and venture capitalists are investing in photovoltaic development and manufacturing. This trend is particularly visible in Silicon valley, California, Europe, Japan. [66][67][68]
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