India is also looking to help the U.S. as it looks for coal exports to accommodate the demands of its steel-making industry.
Drax Power also spent £30 million on the conversion project.
The country's energy industry needs help from its local producers to secure its commodities.
With the U.K. Parliament saying no to a coal project, it could start a trend in other countries to fight climate change.
Another good news in the country is its shale-drilling industry stabilizing because of shale producers' capital discipline practice.
Strong impacts of climate change, pending tariffs and withdrawal of U.S. from the climate accord, are not stopping the growth of the renewables market.
Coal mines are losing the battle against renewable energy because of the plummeting prices of solar panels and wind turbines.
The major coal users in the world such as China, India, the U.S., Russia and Germany have yet to sign the Powering Past Coal Alliance.
Ceylon Graphite, Syrah Resources, SRG Graphite, Mason Graphite and Elcora Advanced Materials are on the rise.
The U.S. is cutting down its reliance on coal energy.