The Growth of Renewable Tech Companies in the UK

Recent global data analysis indicates that the United Kingdom has significantly trailed other nations in its investments in renewable energy. This has also seen an increase in tech companies switching to renewable energy solutions across the UK, too. 

According to the most recent government statistics, the UK’s renewable energy capacity has experienced a comparatively modest average annual growth of 4.45% over the past three years, in contrast to the global average of 9.67% annual growth. 

UK Renewable Energy Market Analysis

In the short to medium term, key drivers for this renewable energy growth include supportive government policies and endeavours to fulfil the surging energy demand by leveraging renewable sources while simultaneously reducing reliance on fossil…