Energy transition slowed last year, study clams
The energy transition away from fossil fuels slowed last year, a study from consultancy firm L.E.K. Consulting has claimed.
Solar energy harnesses the sun’s radiation to generate electricity or heat using technologies such as solar photovoltaic (PV) panels and solar thermal systems. As one of the world’s fastest-growing renewable energy sources, solar power is helping businesses and governments reduce greenhouse gas emissions, improve energy security and accelerate the transition to a low-carbon economy. Falling technology costs, improved efficiency and growing investment have made solar energy a key pillar of global decarbonisation efforts.
SustainabilityOnline brings you the latest developments in solar, including solar power generation, photovoltaic technology, energy storage, clean energy investment, corporate renewable energy strategies and evolving policy and regulation. We explore how organisations are increasing solar capacity, improving energy efficiency, reducing carbon emissions and integrating renewable electricity into their operations. We also examine developments in battery storage, grid infrastructure, sustainable finance, industrial decarbonisation and the role of solar energy in achieving net zero ambitions.
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The energy transition away from fossil fuels slowed last year, a study from consultancy firm L.E.K. Consulting has claimed.
Renewable energy sources provided 41.2% of the gross energy consumption of the European Union in 2022.
Some 85% of small businesses say that they plan to invest in sustainability projects during 2024, with energy efficiency a priority.
Britvic has signed an agreement with Atrato Onsite Energy, which will provide 75% of the electricity used to make its soft drinks.
Norway is Europe’s ‘greenest’ country, a study by solar panel manufacturer Hemsol has found.
Green energy provider GoldenPeaks Capital (GPC) has announced it has completed the financing of a portfolio of solar projects in various locations across Poland.
German businesses invested around €4.15 billion in solutions to reduce emissions or promote more sustainable resource use in 2021.