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The best time to invest in Renewable Energy — today

31.01.2018 — 0

Renewable energy — is a form of energy produced from “eternal” green sources: sun, wind, water, geothermal, biofuel and some others.
A few years ago investments in renewable energy didn’t look promising. Only real enthusiasts and supporters of a Green Future supported its development. But now experts agree that a Great Future is waiting for Green Energy.

Solar DAO — a tokenized fund designed for everyone to easily participate in PV solar plants construction across the globe. SDAO tokens on: YoBit.

According to Bloomberg on January 16th, world investments in renewable energy exceeded the amount of $333.5 billion and almost half of it was made to Solar Energy ($160.8 billion).
The greatest contribution to RES development was made by China, which is actively moving to 100% safe energy. Imagine: in the first quarter of 2017 there were solar power stations and home solar systems constructed in a total capacity of 7.21 GW. The world record share of renewable energy belogns to China — almost 35%.

Let’s point the main reasons why Renewable Energy Investment is a profitable one.

World’s share growth

Already in 2015 RES’ share in new capacities of electric power****was bigger then from conventional fossil resources — 55%! Now it has exceeded 60% point. It is said in IRENA’s renewable energy program (ReMap), that the share of renewable energy can increase from 18% to 36% in 2030.

Solar Energy is developing more rapidly then other renewable energy sources. Together with wind energy its share has increased from 1.5% in 1990, to 6.3% in 2014 and is expected to rise in 2030 to the level of 16.3%.

Electricity cost reducing

The latest IRENA report showed us a great decrease of energy cost since 2015. Electricity price is reducing so quickly that in a few years it will be several times lower than usual energy from non-renewables. The record surely belongs to “solar” projects. Levelized cost of electricity (LCOE) in solar power industry scale fell by 73% in 2010–2017. 
In 2017, according to IRENA, it reached 10 cents per kWh.

More job opportunities

Energy-producing facilities on RES create jobs 12 times faster than ordinary stations. According to a new report published by the Environmental Defence Fund (EDF), the number of workplaces in solar and wind energy increases by 20% each year.
Now there is about 8 million people working in renewable energy sector.

I want to be like Bill Gates

In December 2016, Bill Gates and a group of another investors created a $1 billion Breakthrough Energy Ventures fund for the green energy development.

Fund includes Jeff Bezos of Amazon, Richard Branson of Virgin, Jack Ma of Alibaba and other richest entrepreneurs. Their main goal is to reduce CO2 pollution by investing in RES projects.

How to invest in Renewable Energy?

There are a lot of ways for participating in a greener tomorrow. First of all, you should consider technologies for your own house, and we are speaking not only about solar panels installtion — You can simply replace the usual gadgets (and even a car) in eco-friendly items working by the sun.

If you want to contribute to a larger result — add to your portfolio shares of companies that bet on “green” energy, for example, First Solar,General Electrics, Vestas Wind Systems. Unfortunately you need to contribute a huge amount of means to participate and to feel the profit. Also mind, that you need to calculate all risks!

The best way to join Renewable Energy Industry — take a part in Solar DAO project. You dont need to be an expert in RES to make your future shine 🙂

Solar DAO — a tokenized fund designed for everyone to easily participate in PV solar plants construction across the globe. SDAO tokens on: YoBit.

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