We live in a world that’s increasingly power-hungry. Oil energy requirements are so massive that we’re having trouble keeping up with the demand by means of fossil fuels such as gas, coal, and oil. Things aren’t going to get easier anytime soon. Quite the opposite is to be expected, to be honest, as the world’s power consumption is projected to grow by 40% in the span of the coming 20 years.
That’s where renewable energy sources can come to our rescue. Rather than deplete our world’s resources by trying to satisfy our energy appetites with the fast-shrinking reserves we have, renewable energy options are being explored more vigorously than ever before. At the moment, wind, solar, tidal, and geothermal energy sources seem like our best hope to match our supply to our needs going forward. This also makes it a perfect time to invest in solar energy solutions as well as any of the other green energy solutions we’ve mentioned.
Let’s shine a spotlight no solar energy in particular, focusing on just what makes investing in solar energy a good idea.
It is a Profitable Investment
Far removed from the conditions prevailing in the average stock market found anywhere in the world, investing in solar energy is not a gamble where you could potentially lose all your hard-earned money.
You might have to gamble as to whether a particular stock will see a rise in value tomorrow or not, but you will never have to bet on whether or not the sun will be coming up tomorrow. Basically, as long as we have our solar energy collecting infrastructure in place, we only need to sit back and let nature take its course as it has since the dawn of time.
It’s Easy to Make Green Investments
Investing in solar energy doesn’t require the financial muscle of a Bill Gates or Warren Buffet – today’s markets make it possible for the average earner to own some stock in renewable energy enterprises. Quite a few solar energy initiatives, for example, are crowdsourced – meaning that a large number of people each make a contribution towards the setup phase, and they all get a share of the returns once the plant is operational.
All the legal, administrative, and technical aspects will be carried out by whichever team potential investors decide to back with their money, meaning that investors will have a say in where there money goes and for what purpose from the very beginning, something that’s rather rare when it comes to traditional investment avenues.
Solar Energy Offers Stable Returns
Another aspect of the gamble-free nature of investing in solar energy is the fact the government will readily purchase all the power that is generated by solar energy producing power plants. They do not have to look for consumers.
Smart micro-grids, for example, will incorporate bi-directional communication tools and advanced inverter technologies to tightly regulate and minimize the chances of system failure, blackouts, and energy losses. The possibility of your investment coming to nothing is so remote as to be virtually impossible.
Solar Energy is Growing as an Industry
Back in 2003, the solar energy market was worth an impressive 4.7 billion U.S. Dollars. It’s well past the 9.1 billion dollar mark today, and all indications point to it hitting or surpassing the 158.4 billion dollar mark by the year 2023. It makes perfect sense to invest in a market segment that’s showing such consistent and seemingly ongoing performance.
Society’s appetite for clean energy solutions, as well as the ever-increasing sophistication of the technology used to harness it, makes it all much easier to make use of renewable energy and make returns from investing in it.
It’s an Investment in the Future
We’ve all heard the buzzwords to the point of exhaustion; carbon footprint, air pollution, global warming, and the rest. It can get to be a bit tiresome, if we’re to be honest. The fact is, we really can’t afford to let our fatigue blind us to the very real dangers represented by these nowadays commonplace terms.
By investing in solar energy, we will not only be making investments that will help secure our financial futures, but the future of the planet as a whole. Sounds like a good deal, whichever way you look at it.