Renewable sources including solar, wind, hydropower and biofuels are vital in the transition towards less carbon-intensive energy systems. And while the generation of electricity from the sun and wind has grown rapidly in recent years, further expansion is urgently needed to keep the 1.5°C climate target within reach. According to the International Renewable Energy Agency (IRENA), an average of 1,000GW of renewable energy capacity needs to be added every year until 2030.
Much more needs to be done across the value chain: making the grid more robust, increasing storage and using more green hydrogen and derivatives in high-emission industries such as transportation. We work every day to supply our partners with the technologies they need to effect these changes.