04 Nov, 23

Green Energy Firms Grapple With Profit Plunge As Market Conditions Sour

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Stocks of both solar and wind energy companies are falling due to high supply chain costs, project delays, and weakening demand, according to several renewable energy companies. Despite a strong push from governments and international organisations for companies and consumers to support a global green transition, energy companies have been struggling to make a profit from solar and wind energy projects in the face of several challenges.  In October, solar stocks dropped dramatically after solar product manufacturer Solaredge said that the demand…

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