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Nuclear disaster prompts rise in renewable deals via the Independent

The value of deals involving renewable energy companies soared by 40 per cent to a record $53.5bn (£34bn) worldwide last year, as the Fukishima disaster prompted a move away from nuclear power.

The rise was driven by the solar power industry, where the value of transactions jumped by 56 per cent to $15.8bn, to account for almost one third of takeovers, according to the accountancy firm PricewaterhouseCoopers. Wind and hydropower were also big deal drivers.

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