RENEWABLE ENERGY

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renewable energy

Coronavirus Energy Impact: Renewables Win Over Oil And Gas

The crisis that has hit the hydrocarbon-based energy regime because of the global coronavirus pandemic may be opening up an opportunity for the renewable energy economy. Green energy sources like solar, wind and hydropower may find more investments while the oil and gas sector hit by consumption shortfall and supply glut will take a long time to recover.
Solar power has become more competitive because of "spectacular" falls in the prices

Renewable energy surges as power emissions keep rising: UN

Energy from increasingly-competitive renewable sources such as wind and solar has quadrupled globally in just a decade, the United Nations said Thursday, but insatiable demand saw power sector emissions rise 10 percent.Worldwide investment in renewables since 2009 is on course to hit $2.6 trillion (2.35 trillion euros) by the end of the year, largely driven by "spectacular" falls in the price of solar panels, the UN's annual assessment of green energy trends said.

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