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

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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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