An abundance of sunshine has left Greece dealing with an oversupply of solar energy. Last year, the southeastern European nation drew 23% of its renewable energy capacity from solar, and some experts say the country’s solar energy capacity is growing too fast. With the Greek government planning to achieve 82% renewable energy by the end of the decade, investing in renewables like solar and wind will be key to the country meeting its carbon emission goals.
Where there is a challenge, a corresponding opportunity also opens up. The situation in Greece and many other countries curtailing renewable energy due to oversupply during certain hours of the day presents interesting market opportunities for companies like SolarBank Corp. (NASDAQ: SUUN) (Cboe CA: SUNN) (FSE: GY2) that specialize in manufacturing solar systems. Their energy storage solutions could just be…
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