Renewable Energy Sector Battles Rising Costs and Challenges, Highlighting Concerns for Wind Power Projects

New research highlights the struggles of wind energy sector due to rising costs, financing challenges, and supply-chain issues. Government support is crucial to avoid abandonment of large wind projects.
New research has revealed that the renewable sector is battling rising costs and higher interest rates; the eight largest renewable energy firms reported a $3bn decrease in asset value in the first half of the year.

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Renewable Energy Sector Battles Rising Costs and Challenges

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Eastern Plains' wind industry running into the same problems as