Key takeaways
- Renewable energy has become increasingly important as more people have concerns about climate change.
- Trends across the industry include domestic production and the growing importance of storage.
- Production capacity is set to continue accelerating over the next few years.
Renewable energy has grown in importance over the past few decades as more people begin to understand the impacts of climate change and countries look to limit their dependence on foreign sources of fossil fuels.
The renewable industry includes various sources of power, including hydroelectric, wind, solar, and more. Despite the variety of ways to generate power, there have been common trends across the industry.
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