Renewable energy gaining more traction and investors in U.S.

BY KAREN GRAHAM     JUN 27, 2017 IN BUSINESS

Excerpt

Renewable energy has taken off across the globe, and while renewables were considered a risky investment at first, bold advancements in technology have resulted in the generation of clean power into homes and businesses, and investors are taking notice.

According to the Abu Dhabi-based International Renewable Energy Agency (Irena).one out of every five units of energy delivered to consumers now comes from renewable energy sources such as solar and wind, or you could say that 20 percent of our energy is derived from renewables.
And globally, big companies, technology businesses, and Institutions are already banking on renewables. Adman Amin, the director general of IRENA points out that a big boost has come from the private sector. Amin cites the commitments of Apple, Google, and Facebook to procuring renewable energy for their operations globally.

 

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