Fossil fuels come from decomposed plants and animals buried deep under the Earth’s surface, for millions of years. They account for ~80% of the total energy consumption today. As they are non-renewable, we will run out of oil in 47 years, natural gas in 52 years, and coal in 133 years, according to Woldometers. Furthermore, it is the of the fact that fossil fuels are the main contributors to global warming and environment pollution, which the biggest threat to humanity. Therefore, people have turned on renewable energy development including sunlight, wind, surface water, tides, wind waves and geothermal heat.
Investment in clean energy technologies is increasingly significantly in recent years as affordability and security concerns triggered by the global energy crisis strengthen the momentum behind more sustainable options. We see this is attractable industry for us to participate in sooner rather than later.