Walburga Hemetsberger
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A new analysis found that Europe’s existing solar fleet has already saved the continent billions in 2026. Solar is helping to rescue Europe from the crippling costs of fossil fuel imports, as the war on Iran continues to keep oil and gas prices sky-high. Brent crude, which is used as the worldwide benchmark for oil prices, remains particularly volatile due to Iran's stranglehold on the Strait of Hormuz, a vital passage which usually carries around one-fifth of global oil supplies.
Solar Energy Saves Europeans $135M a Day
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