Sprakebuell village, Germany, demonstrates local community investment in renewable energy driving financial benefits.
Wind and sun are free sources of energy, but building renewable energy projects is getting more difficult due to financial obstacles like high interest rates and inflation. These challenges are slowing down the growth of renewables needed to combat climate change and meet ambitious clean energy goals. In Sprakebuell, a village in north Germany, the local community's investment in renewable energy projects has provided financial benefits to the villagers, showcasing a potential model for other areas to follow.
March 26, 2024
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