Design, supply, install and commission of large scale commercial systems
Reduced Operating Costs
Solar power systems can reduce or even eliminate your businesses electric bill. For big and small businesses, this money saving can have a tremendous impact. The cost per unit of your current energy costs is potentially much higher than what you would spend for solar power. This results in further savings for your business.
Good Return on Investment
Government incentives and decreasing costs mean the utilisation of solar power is a great investment and a good financial decision for public agencies and businesses. Investing in solar power generates both long-term savings and quick payback.
Solar is cheaper than you think
Despite an investor assumption that renewable energy is expensive, “this stuff is really cheap”, said Bloomberg New Energy Finance’s Jenny Chase. There are plenty of places where solar already makes economic sense, provided investment conditions are right.
Panels now sell for less than a quarter of their 2008 price. They aren’t restricted to rooftops: solar plants are increasingly feeding into the grid and fulfilling the energy needs of large local power users.
Bloomberg estimates that the world will have 600GW of photovoltaic solar worldwide by 2020 (an increase from about 150GW today) and 1,900GW by 2030; making up 5-7% of the global electricity mix. These positive predictions are based on the falling prices of renewable power.
Earning the ‘Green’ label
Research shows that climate culture has changed, individuals and businesses are now thinking more about a sustainable future. Utilising energy from solar power can result in reduced fuel consumption, thus reducing greenhouse gas emissions and pollution. Using solar, any business can express its participation in the battle against global warming. Going green will not only reduce operational expenses but help you to meet your corporate and social responsibility targets. Having an environmentally responsible image is good for your company, as it can generate a positive response from consumers.
Safe and sustainable energy and investment
Solar energy projects have significant long-term business potential. With guaranteed incomes, from government incentives and a constant stable power supply, solar is a great investment.
Business is leading the way
Corporations and individuals are taking the lead and hoping that policy will eventually follow. Business interruption risk and price volatility mean that an increasing number of businesses are taking a strategic approach to energy procurement.
There's some way to go
There have been leaps and bounds in terms of innovation and affordability, which have helped renewables to become an attractive investment opportunity. If we are to reach the kind of levels required for a genuine energy transition, there’s much more to be done. Investors should continue to view opportunities realistically, but also remain open-minded enough to recognise – and tap – the great renewable opportunities that exist.