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Apart from environmental sustainability, renewable energy provides space for business growth and massive economic opportunities for developing countries.
Drax Power also spent £30 million on the conversion project.
Solar PVs are now more affordable, increasing their potential for low- to middle-income homes to meet most of the residential energy needs.
This article defines the perils threatening the mining industry and how a shift to renewable energy might be beneficial in terms of adaptation.
Sales of electric vehicles this year are forecasted to grow as well, with most of the sales coming from China.
Another good news in the country is its shale-drilling industry stabilizing because of shale producers' capital discipline practice.
Japanese foreign minister Taro Kono criticizes his country's efforts in developing renewable energy sources.
Panasonic and Tesla entered into an agreement that would boost the solar manufacturing capacity of the Elon Musk-owned company.
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.
Researchers and developers are constantly improving the tech for utilizing solar energy.