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RENEWABLES

RENEWABLES

Renewable energy is energy obtained from various natural sources such as sunlight, wind, rivers, the tide and geothermal heat, and provides a sustainable alternative to fossil fuel driven thermal generation. Renewables energy provides the lowest cost power generation on a marginal cost basis, which is particularly important in emerging market where demand is price sensitive. Aside from the cost-efficiency and sustainability, Renewable energy, also enables independent power production by removing the dependence on importing fossil fuels, based on international market prices. With the evolving development of battery storage to combat production intermittent, Renewable energy is becoming more reliable in helping to balance national electricity production.

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© 2023 Solomon Peter Group. All rights reserved.
© 2023 Solomon Peter Group.
All rights reserved.