Investment in the energy transformation represents a multifaceted opportunity
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Investment in the energy transformation represents a multifaceted opportunity
Stanlib Collective Investments
Stanlib Collective Investments
Q1 of 2024 | 2 years ago
The energy transition is not a new concept. Over the last two decades, fossil fuels like oil, natural gas, and coal are being replaced in various countries around the globe by renewable options such as wind, solar, and hydropower, supplemented by storage solutions such as vanadium or lithium-ion batteries. This shift is happening because of economic reasons, social pressure, and the development of new technologies and it is gaining momentum.
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