The world needs to invest in renewable energy for a cleaner and better future. But due to the pandemic, the world economy is suffering badly. What will be the impact of this pandemic on the renewable energy sector? For example, according to the global wind report, 2019 "investment should be rising steeply and steadily, in line with the IPCC’s call for global investment in clean energy to be massively scaled up to USD 2.4 trillion annually up to 2035, from some USD 282 billion in 2019, to maintain a 1.5-degree pathway."
Predominantly Renewable Energy Movements have survived and even thrived in these times.
Renewable power producers have been mostly sheltered from the impact of the pandemic. Declining electricity demand and lower prices due to the Covid‑19 crisis resulted in sharp revenue drops for major utilities all around the world, especially those deriving revenues from wholesale electricity markets.
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