Time To ACT plc’s Post

🌿🌞 Join the Renewable Energy Revolution! 🌍 The urgency to transition to renewable energy has never been clearer. Climate change, fueled by the burning of fossil fuels, is wreaking havoc globally. It's time to halt new fossil fuel projects and end subsidies to coal, oil, and gas. Embracing renewables is our best shot at combating climate change effectively. Here's some inspiration from countries leading the charge: 🌱 Sweden: On track to achieve 100% renewable energy by 2040, leveraging wind, bioenergy, solar, and even innovative solutions like harnessing body heat! 🌱Costa Rica: Already producing 98% of electricity from renewables for eight consecutive years, employing a mix of hydro, geothermal, wind, biomass, and solar power. 🌱United Kingdom: A global leader in offshore wind energy, with plans to quadruple capacity by 2030, aligning with decarbonization goals by 2035. 🌱Iceland: Almost 100% of electricity from hydropower and geothermal sources, heating 9 out of 10 homes, setting a model for others to follow. 🌱Germany: Targeting 80% renewables by 2030 and near 100% by 2035, with renewables already accounting for nearly half of power consumption in 2022. 🌱Uruguay: From importing fossil fuels to generating 91% of electricity from renewables, showcasing remarkable progress in wind, solar, and biofuels. 🌱Kenya: Home to Africa's largest wind farm, emphasizing the continent's vast renewable potential and the need for global investment. 🌱China: Despite being a top carbon emitter, leading in renewables with massive investments, doubling solar and wind capacity ahead of schedule. 🌱Morocco: Harnessing solar power with the world's largest concentrated solar farm, demonstrating the potential of solar energy. 🌱New Zealand: Setting ambitious targets for renewable energy, with 84% of electricity already coming from renewables. 🌱Norway: With 98% of electricity from renewables, mainly hydropower, showing the long-term benefits of investing in clean energy. Transitioning to renewables not only reduces emissions but also boosts economies, creates jobs, and builds resilient energy systems. Let's ensure a just transition, where everyone benefits, and together, we can lead the way towards a sustainable future! Australia, with its abundant natural resources, has the potential to become a renewable energy powerhouse. Let's seize this opportunity and show our commitment to climate action! 💪🌿☀️ #RenewableEnergy #ClimateAction #Sustainability #CleanEnergyRevolution Interesting video to watch: https://lnkd.in/eWS4zm-p Reference: https://lnkd.in/earRRSkP

Batteries form an integral part of the UK's renewables strategy. This article shares some interesting perspectives on how to navigate the way forward in a competitive investment environment.

Batteries form an integral part of the UK's renewables strategy. This article shares some interesting perspectives on how to navigate the way forward in a competitive investment environment.

“When people talk about the energy transition they always talk about renewables – more solar, more wind. And those are totally necessary, but they’re only a small part of global emissions – around 25 per cent. There’s another 75 per cent to decarbonise, and it has a lot less people and a lot less capital chasing it. Ultimately, the energy transition is not just adding renewables; you tackle the lower-hanging fruit first, of course, but over time you need to look elsewhere. There’s so many different sub-verticals, and each of those sub-verticals is going through their own story.” – Leonard Tao, Deputy Managing Partner at Kerogen Capital   Speaking to Investor Strategy News (IS|N), Leonard discussed the opportunities available to investors, outside of core renewables like wind and solar, which can help to deliver the emissions reductions needed to reach net zero.   #Decarbonisation #EnergyTransition #ClimateTech

The future is indisputably bright for renewables. Huge demand on the horizon and oil and gas are being phased out. If you are a buy and hold investor like me, today’s compressed valuations of many renewables companies should be considered a golden opportunity to get in the market in advance of decades of incredible growth.

Renewables today offer the cheapest option to add new power plants in almost all countries around the world

"Owning and operating #solar- and #wind-power facilities and generating #electricity for sale is generally not very profitable. That’s a huge problem if solar and wind are the main answers to the climate crisis and if governments are relying on the #privatesector to drive the development of #renewableenergy...At the end of the day, it’s not about price; it’s about profitability...Oil and gas companies, if they are developing a new oil or gas field, fund the new drilling and exploration from cash they have earned through existing operations. It’s completely different for a renewables company." https://lnkd.in/eUSqDBmQ

Celebrating major milestones as North Sea Transition Deal marks third anniversary   In the first three years since the ground-breaking North Sea Transition Deal (NSTD) was signed in 2021, the UK’s offshore energy industry is on track and delivering strong progress on milestone projects. 🔽 Find more info in comments below 🔽 #NorthSeaTransitionDeal #NSTD #OffshoreRenewableEnergy #WindEnergy #OffshoreWind #RenewableEnergy #GreenEnergy ⤵️ Click Follow on our page to keep up to date with energy news ⤵️

$2tn a year sounds like a cost, but it’s really a choice. We’re set to invest over $6tn in fossil fuels over this decade – more than enough to close the tripling investment gap. Faced with this choice, I’d go with the safest, best value option – renewables,’ says the report’s lead author Dr Neil Grant. #renewableenergy #renewables #unitedsolargroup #cleanenergy

Investors and developers must exercise disciplined capital in their financing decisions to ensure the success of the upcoming wave of megaprojects. Don’t miss this insightful article from DNV discussing the impact of undisciplined capital on the Renewables industry. #RenewableEnergy #Sustainability #Investment”