<p>Since the beginning of the 21st century, renewable energy (RE) for power generation has experienced remarkable global growth and development. By the end of 2022, global RE generation capacity amounted to 3,372 gigawatts (GW), growing the renewable power generation capacity by a record 295 GW or by almost 10% compared to 2021. However, disrupted supply chains, spiking interest rates, and an increase of input costs stemming from COVID-19 pandemic and the<br />
Russian invasion of Ukraine have reduced the attractiveness of RE investments.</p>
