The next 15 years and more are going to be interesting ones for the renewable energy industry, as the cost of manufacturing and installation drop and the public face of fossil fuels continues to be tarnished. Specifically, the rising popularity and efficiency of wind and solar energy will push the renewable energy industry as a whole into a new era of prominence.
According to new research from Bloomberg New Energy Finance, the future of the renewable energy sector is a jump of 230% in annual investment to $630 billion per year by 2030.
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