Over the past few years, renewable energy sources (RES) have shown remarkable growth, solidifying their position in the global energy sector. According to a recent report by the Ember think tank, renewable energy accounted for a record 32% of global electricity generation last year. However, overall electricity demand has continued to rise, driven by extreme weather events and the energy needs of data centers.  

Swedish energy company Alight AB has signed a landmark agreement that opens new opportunities for renewable energy in Finland. This agreement marks the largest solar energy purchase in the country’s history and involves the construction of a 100-megawatt solar park in the town of Eurajoki. This move not only promises ecological benefits but also potential for economic growth and impact on Alight AB's stock.

This week, an American conglomerate specializing in solar energy made an encouraging announcement. They declared their ambitious goal to develop extensive energy storage systems by 2030. This initiative aims to enhance the capabilities of renewable energy sources, marking a significant step towards supplying electricity to numerous consumers.