The United States renewable energy market is by far the most appealing to investors worldwide, according to a survey by KPMG to 200 executives at utilities, producers and banks, Bloomberg reported.
The poll to be released Tuesday says 42 percent of investors aim to invest in the U.S. clean energy market, followed by 24 percent for India.
The U.S. Government has played a big role in the current interest from investors abroad by providing federal funds in the stimulus package.
President Barack Obama proposed $150 billion in federal spending on renewable energy technologies over 10 years and an additional $43 billion in an economic stimulus package which began to be distributed this year.
Nevertheless, the KPMG poll found 49 percent of the people surveyed forecast corporate deals will drop in the next year while 58 percent believe they will spend less than $50 million on acquisitions, Bloomberg noted.