Solar energy isn’t just the future; it’s the here and now. According to the International Energy Agency (IEA), solar power has become the cheapest form of electricity ever recorded in human history . It’s not merely a feather in the cap for environmentalists but a seismic shift for CEOs and CFOs looking to optimise their energy expenditures.
Countries like Chile and Australia are leading the pack, generating 17% and 13% of their electricity from solar power, respectively  . A recent report from Ember’s Global Electricity Review sheds light on how vital solar energy will be in achieving our global climate targets. Between 2015 and 2022, solar energy experienced growth of 25% annually. The report urges that this growth rate must continue throughout this decade to combat the looming climate crisis.
If you’re not quite sold on the potency of solar, consider this: the Intergovernmental Panel on Climate Change (IPCC) now envisions that by 2030, solar will account for 23% of global electricity production . That’s a threefold increase compared to their last forecast in 2019.
Now, let’s talk about scalability. Solar technology is modular, which means it’s effortless to mass-produce. Not only that, but it’s also continually evolving, becoming more efficient every day. For example, China doubled its solar PV manufacturing capacity just last year .
Import tariffs and local production complexities can be bumps in the road, but they’re far from insurmountable obstacles. Pair solar power with declining lithium-ion battery costs, and you have the recipe for large-scale projects, especially in countries rich in spare land.
However, the solar wave isn’t just sweeping through spacious nations. Even in bustling areas like the Netherlands, where land is at a premium, solar is making a splash, thanks to rooftop installations.
Now, I hear you say, “What about sunshine-rich African and Middle Eastern countries?” Just 1% and 2% of the global solar generation increase since 2015 were in these regions, respectively . It’s less about solar viability and more about government policy.
So, what does this all mean for your business? At Clearvolt, we offer a zero CapEx solar energy solution that drastically reduces your energy costs—up to 50% in some cases—and helps your business make strides in sustainability. We take on all the initial expenses and ongoing maintenance. You reap the benefits of clean, cost-effective energy, strengthening your ESG credentials along the way. It’s not just good business; it’s a vital step towards a sustainable future.
Having comprehended the transformative role of solar energy, we invite you to take definitive steps toward a sustainable business model. Contact us for a detailed quote that can pave the way for your company’s greener, cost-effective future. Reach us at 0161 233 3152 or via email at firstname.lastname@example.org. Your pathway to corporate sustainability and fiscal efficiency is but a phone call or email away.
- IEA: Renewable power’s growth is being turbocharged as countries seek to strengthen energy security.
- EMBER: Australia remains dependent on coal despite the recent wind and solar boom
- EMBER: The fastest rising source of electricity generation.
- IPCC: Climate Change 2022 – Mitigation of Climate Change
- EMBER: China – Deeper system-wide transformation is key to China’s clean revolution