{"id":44913,"date":"2023-09-08T10:58:47","date_gmt":"2023-09-08T01:58:47","guid":{"rendered":"https:\/\/news.samsungcnt.com\/en\/?p=44913"},"modified":"2023-09-11T16:50:22","modified_gmt":"2023-09-11T07:50:22","slug":"getting-to-know-renewable-energy","status":"publish","type":"post","link":"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2023-09-getting-to-know-renewable-energy\/","title":{"rendered":"Getting to know renewable energy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"44913\" class=\"elementor elementor-44913\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-cbb66d3 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"cbb66d3\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1309f94\" data-id=\"1309f94\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-912a187 elementor-widget elementor-widget-heading\" data-id=\"912a187\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">At a glance<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64f9ce7 elementor-icon-list--layout-traditional elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"64f9ce7\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/news.samsungcnt.com\/en\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">The world's renewable electricity capacity is set to rise faster than ever before in 2024<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Samsung C&T Trading & Investment Group\u2019s renewable energy business areas include solar and wind, while it is also active in the field of green hydrogen<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-check\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">The company\u2019s commitment to sustainability also includes battery recycling<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f00e999 elementor-widget elementor-widget-text-editor\" data-id=\"f00e999\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>As extreme weather around the world continues to raise concerns about the potential impact of climate change, there is a growing push to adopt renewable energy. This momentum has placed <a href=\"<\/a>&#8220;>renewable power on course to shatter more records<\/a>, according to the International Energy Agency (IEA).<\/p>\n\n<p>The IEA\u2019s \u201cRenewable Energy Market Update\u201d published in June forecasts that next year\u2019s overall renewable electricity capacity around the world will rise at a greater rate than ever before to reach 4,500 gigawatts (GW) \u2013 which is the same as the total power output of China and the United States combined.<\/p>\n\n<p>We recently looked at the <a href=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2023-08-how-the-solar-power-development-business-works\/\">business of solar power development<\/a> \u2013 and while solar has a very bright future, Samsung C&#038;T Trading &#038; Investment Group is committed to several business areas that contribute to the renewable energy picture. Let\u2019s take a look!<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51ac1d3 elementor-widget elementor-widget-heading\" data-id=\"51ac1d3\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How much do you know about renewable energy?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d3816f7 elementor-widget elementor-widget-text-editor\" data-id=\"d3816f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>People have been using the energy of the sun, wind, and water for thousands of years \u2013 for everything from transportation to farming and grain production. But when we talk about renewable energy today, we are usually referring to the way these same natural sources are harnessed to produce electricity.<\/p>\n\n<p>In that sense, we can date renewable energy back to the 1800s, when <a href=\"https:\/\/www.wsj.com\/story\/the-roots-of-renewable-energy-7993f651\">wind, water, and sunlight began to be harnessed to generate electricity<\/a>. It was not until the 20th century, however, that momentum started to shift in favor of renewable energy, as the negative effects of burning fossil fuels for power started to be fully understood.<\/p>\n\n<p>Today, the tide has shifted to such an extent that <a href=\"https:\/\/www.iea.org\/energy-system\/renewables\/solar-pv\">solar energy is set to be responsible for most of the world\u2019s power capacity by 2027<\/a>, ahead of coal and natural gas. Meanwhile, wind and green hydrogen are also rising as important sources of sustainable power.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-14dd1d5 elementor-widget elementor-widget-image\" data-id=\"14dd1d5\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.23.0 - 05-08-2024 *\/\n.elementor-widget-image{text-align:center}.elementor-widget-image a{display:inline-block}.elementor-widget-image a img[src$=\".svg\"]{width:48px}.elementor-widget-image img{vertical-align:middle;display:inline-block}<\/style>\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"SNAPSHOT OF SUSTAINABLE ENERGY\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDQ5MTcsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjNcLzA5XC9yZW5ld2FibGUtZW5lcmd5LWluZm9ncmFwaGljXzEuanBnIn0%3D\">\n\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"940\" height=\"1615\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1.jpg\" class=\"attachment-full size-full wp-image-44917\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1-291x500.jpg 291w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1-596x1024.jpg 596w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1-894x1536.jpg 894w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_1-17x30.jpg 17w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-dbd6846 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"dbd6846\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-96a5ac5\" data-id=\"96a5ac5\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-390c8e3 elementor-widget elementor-widget-image\" data-id=\"390c8e3\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/news.samsungcnt.com\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_2.jpg\" data-elementor-open-lightbox=\"yes\" data-elementor-lightbox-title=\"EXAMPLES OF SAMSUNG C&amp;T&#039;S SUSTAINABILITY IN ACTION\" data-e-action-hash=\"#elementor-action%3Aaction%3Dlightbox%26settings%3DeyJpZCI6NDQ5MTYsInVybCI6Imh0dHBzOlwvXC9uZXdzLnNhbXN1bmdjbnQuY29tXC91cGxvYWRcLzIuMFwvd3AtY29udGVudFwvdXBsb2Fkc1wvc2l0ZXNcLzNcLzIwMjNcLzA5XC9yZW5ld2FibGUtZW5lcmd5LWluZm9ncmFwaGljXzIuanBnIn0%3D\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"940\" height=\"1430\" src=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_2.jpg\" class=\"attachment-full size-full wp-image-44916\" alt=\"\" srcset=\"https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_2.jpg 940w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_2-329x500.jpg 329w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_2-673x1024.jpg 673w, https:\/\/news.samsungcnt.com\/upload\/2.0\/wp-content\/uploads\/sites\/3\/2023\/09\/renewable-energy-infographic_2-20x30.jpg 20w\" sizes=\"(max-width: 940px) 100vw, 940px\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-18be8f1 elementor-widget elementor-widget-heading\" data-id=\"18be8f1\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Samsung C&T\u2019s commitment to sustainability<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-879514f elementor-widget elementor-widget-text-editor\" data-id=\"879514f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Samsung C&#038;T has made significant strides in the area of renewable energy development. As demonstrated above, the company has not only helped to raise North America\u2019s solar and wind power capacity, but has also made efforts to expand <a href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2022-10-green-hydrogen-to-the-rescue\/\">green hydrogen<\/a>, which involves the process of turning water into hydrogen using other forms of renewable energy. That makes green hydrogen a clean and sustainable source of fuel and power. <\/p>\n\n<p>As well as promoting various new and renewable energy-related businesses, Samsung C&#038;T is strengthening its eco-friendly business portfolio. A good example is its expertise in the area of <a href=\"https:\/\/news.samsungcnt.com\/en\/features\/trading-investment\/2023-07-getting-to-know-battery-recycling\/\">battery recycling<\/a>, which is gaining particular prominence due to the global shift towards electric vehicles. We will follow the company\u2019s progress as it maintains its sustainability journey, while the world hopefully continues to embrace the wide variety of eco-friendly choices that are out there.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>At a glance The world&#8217;s renewable electricity capacity is set to rise faster than ever before in 2024 Samsung C&#038;T Trading &#038; Investment Group\u2019s renewable energy business areas include solar and wind, while it is also active in the field of green hydrogen The company\u2019s commitment to sustainability also includes battery recycling As extreme weather [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":44700,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[30,15],"tags":[],"class_list":["post-44913","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-sustainability","category-trading-investment"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Getting to know renewable energy - Samsung C&amp;T Newsroom<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.samsungcnt.com\/en\/features\/corporate-sustainability\/2023-09-getting-to-know-renewable-energy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" 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