A new RMI report has found that countries in the Global South are experiencing a surge in clean energy investment. In the past, many renewable energy experts cautioned against concentrating most of the world’s clean energy funding in developed nations of the Global North. However, new research now shows that the Global South’s renewable energy growth rate is twice the rate seen in the Global North.
If this trend of the Global South accelerating its energy transition continues, new market opportunities are likely to open up for entities like SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) in the…
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