The chief executive of one of the world’s leading renewable energy groups says the Iran war reinforced the need for domestic clean energy but cautions that the jolt provided by the conflict may not endure.
The second shock to global energy markets in five years was a “useful reminder of the importance of having green energy, sovereign energy, local energy, competitive energy”, said Xavier Barbaro, chief executive of Neoen.
The group, now owned by Brookfield, has experience over almost 20 years in building solar and wind farms globally, as well as the biggest batteries in France, Australia and Finland and smaller installations in Japan.
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