A new report by the International Renewable Energy Agency (IRENA) confirms the increasing importance of renewable energy sources in solving urgent energy and climate issues.
Given the current high fossil fuel prices, renewable energy installations built during 2021 are estimated to save around $55 billion from total global energy production costs in 2022!
The increasing use of solar and wind energy represents a vital step in the efforts of many countries to rapidly reduce and eventually phase out the exploitation of fossil fuels and limit the macroeconomic damage they cause.
Source:
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis (irena.org)
Green Energy 360 is the winner of the Diplomacy&Commerce Magazine’s 2023 “Award for green projects and sustainable development”. CEO Vladan Komatović, accepted the award…
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