Answering a question from Recharge, Adnan Amin, director-general of IRENA since 2011, says the world will not wait for energy companies to catch up to the renewables transition.
Amin cited the example of Germany, where immense companies like E.ON and RWE have seen billions of euros wiped from their market values in recent years.
“One of the principal utilities in Germany last year lost half its market capitalisation because it had not equipped itself for the transition to decentralised energy."
“Their
