Of the three-energy trilemma that exist in front of renewable businesses in the world, energy security is regarded to be a top priority as per a DNV research.
2022 Global figures pertaining to renewable investment have gone on to reach $500bn, however, the numbers still happen to be 40% below $1.3 trillion average.
Although clean energy investment in Australia has grown at 17% YoY in 2022, there is still lots to be done for the country to hit 82% renewable energy goal.
With more wind generation capabilities in its portfolio in the last couple of years, China has gone on to generate 46% more wind power than whole of Europe.
According to a US Study, the decline in the solar energy costs has meant that 90% of the power generation in Japan will come from clean electricity by 2035.
