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Challenges in the Renewable Energy Industry

The most important potential driver for renewable energy adoption is the need to address the issue of climate change. It helps reduce carbon emissions, mitigate climate change, and enhance environmental sustainability, which makes them crucial in serving the battle against climate change. Governments across the globe are setting ambitious policies regarding renewable energy targets, like the European Union’s target of 42.5% of energy from renewable sources by 2030. Likewise, the United States and China, which are the largest consumers of energy globally, have also invested massively in clean energy infrastructure, especially in capacities for solar and wind energy.