Renewable energy refers to energy sources that are naturally replenished over a short period of time and are sustainable in their consumption. Unlike fossil fuels, which are finite and contribute to environmental degradation when burned, renewable energy comes from resources that are inherently available and can be used repeatedly without depleting them. Common sources of renewable energy include solar energy (from sunlight), wind energy (from air movement), hydroelectric energy (from flowing water), biomass (organic materials), and geothermal energy (from the heat within the Earth). The use of renewable energy is essential for reducing greenhouse gas emissions, combating climate change, and transitioning towards a more sustainable energy system that minimizes environmental impact while meeting the energy needs of society.
Nordex shares rose by 5.82%, reaching €16.55, significantly outperforming the TecDAX index's 1.54% gain. The stock's current value is still far from its July 2001 peak of €108, with a…