Renewable energy refers to energy derived from natural sources that are replenished at a faster rate than they are consumed. These sources are sustainable and include solar energy, wind energy, hydropower, geothermal energy, and biomass. Unlike fossil fuels, which can deplete over time and contribute to environmental pollution and climate change, renewable energy sources have a much lower environmental impact and contribute to a more sustainable energy future. Renewable energy technologies harness these natural resources to generate electricity, provide heating, and support transportation, thereby reducing reliance on finite resources and minimizing carbon emissions. The transition to renewable energy is a critical aspect of global efforts to address climate change and promote energy independence.
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…