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Borg Energy | May 2021 Renewable Energy Updates (00:03:20)
Here is more on what Borg Energy, a private company actively working towards renewable energy has to say on US renewable update. The goal now is to switch to cleaner fuels and energy for the world. It's not just in the area of energy but likewise in other sectors. It's aimed at promoting efficiency and doing away with waste that contaminated the environment too. It's a drive for a more sustainable earth.
As the world is advancing rapidly with little or no delay, it's important to know that the sector of renewable energy is fast advancing too. The experts of Borg Energy are sharing about the updates of May 2021, regarding the renewable energy in the US.
The U.S Department of Energy (DOE) recently has mentioned to the public their plans to make sure that more maximum solar and storage are installed in societies where their income is moderate or low. Not only that, the department has also made a pledge to assist these societies with about $15 million as technical support in order to help them receive and contain investors. The U.S Department of Energy (DOE) has some goals that the department is established on. This creativity and financial backing for these societies is one way to achieve their equity and diversity goals.
One of the agendas is to make sure that by 2035, there will be availability of clean energy to everyone. This agenda looks impossible but a lot of work is being put into making sure that clean energy is available to every community soon enough. Some private energy organizations are already committed to directly or indirectly helping the U.S Department of Energy (DOE) to make sure this happens. Of course it will cost a lot to establish this in some parts of the country and some challenges will be faced too but it will all happen with time.
Know Solar Trends 2021 (00:02:55)
Borg Energy experts are discussing here about the three areas that will determine the industry’s fortunes in the coming year: business trends, technology, and government policy.
Business trends
One of the biggest decision points for solar customers is price. For installers, the price they are able to offer depends on two main factors: hard costs and soft costs. Hard costs include the costs of materials, namely the solar panels and solar inverters. Soft costs include non-material expenses like customer acquisition, permitting, and the actual installation of your system, says experts of Borg Energy.
The hard costs associated with solar have been falling steadily over the past decade, dropping 50 percent from 2015 through 2019, as equipment manufacturers have improved the efficiency and scale of their operations. This decline in hard costs has been a big driver of the decreasing solar prices in recent years.
Soft costs, on the other hand, have remained relatively constant, as skilled labor remains scarce and the permitting process remains mired in red tape. This holds huge potential for improvement in 2021, especially with the launch of instant permitting tools like SolarApp.
Technology
On the Energy Sage Marketplace and beyond, an emerging trend is pairing solar with complementary products, such as energy storage systems, EV chargers, or air source heat pumps (ASHPs), a form of electrified heating and cooling that can be powered with solar. This movement toward “solar-plus” makes sense–if you install a solar panel system, you’ll want to get the most out of it. Greater electrification helps to increase your solar savings, as it allows the electricity produced by your solar system to stretch further, lowering the cost you pay to power your various devices. This is also a boon for the environment, as electrification plus solar will significantly reduce carbon emissions.
Experts of Borg Energy expect this trend to continue growing in 2021, as EVs continue to proliferate and as more home and business owners add storage, in particular, to their solar installations. Few solar companies offer all, or even most, of these additional technologies, but those that do (like Tesla) have found this to be a very successful strategy.
Borg Energy | Solar Generator Market (00:04:21)
Automatic backup power is very essential when there are power outages and this is where solar power generators come in, says experts of Borg Energy. With the rising shortage of electricity across the globe as the population increased, it's not surprising that solar power generator demand has skyrocketed across the globe.
It's a device that works together with solar power which uses energy derived from the sun to produce voltage. This generator gives you a reliable power supply without having to deal with environmental pollution, unreliable power supply, noise and many more. Solar power generators come in different sizes, capacities, and types. Hence, there is always something to meet consumers’ needs, requirements and budgets.
Here, Borg Energy, a company harnessing solar and wind power and providing micro power plant to the masses take a look into the market of solar power generators.
What influences the rapid adoption of solar power generators?
The basic set-up of a solar generator includes a solar panel, rechargeable battery, inverter and solar power. In this, the solar panel converts the energy from sunlight using photovoltaics which is then stored into batteries for later use, says experts of Borg Energy.
This means the energy is mainly from what Mother Nature has blessed us with- the sun. Therefore, it is free and there is access to unlimited sources of energy once you are in an area with an optimal amount of sun. All that is required is the cost of investment which is also affordable.
Moreover, the rising concerns of environmental pollution and climate change and the increasing awareness of its effects have got countries, governments and the people to move towards clean energy. This is one of the major reasons why solar power has risen in importance.
Renewable energy such as hydro, wind and solar power are now answers to global warming as they lower the emissions of greenhouse gases. Dependency on fossil fuels diminishes and the government keeps encouraging the adoption of renewable energy through various incentives and tax rebates. These, in turn, have greatly reduced the price of solar panels and generators which has contributed to its market growth.
What are the types of solar power generators?
The two main types of solar power generators are on-grid and off-grid. While the on-grid is connected to the general utility grid, the off-grid is like a standalone and is not connected in any way to the grid's power system or utility company. Each has its own advantages and disadvantages including requirements and capabilities.
Borg Energy | Solar Panels Protection Tips (00:04:12)
According to the experts of Borg Energy, there are methods of protecting solar panels. In context, the homeowners spend plenty of money in maintaining the upfront system. Borg Energy is doing great work these days by implementing protective means in giving the best guard to the solar panels for the right utilization of the energy. Below are a few tips mentioned for the effective protection of your solar panels.
Necessary to Guard the Issues
Once you set up the panel, there can be plenty of issues in the coming years. Most of the issues will not be covered by warranty protection. It means that you will have to pay money for repairing and maintenance says experts of Borg Energy. Unexpected expenses are cropping up in time, and these can easily eat up the solar savings and drive back the payback portion of your investment. Thus, it is best to go for the cheaper alternative. There is no point waiting for the adversities to happen. You can take all the protective steps in rather protecting the PV mechanism and maximize the solar returns as well.
Taking the Right Care
Borg Energy can take to solar PV monitoring for the solar installation to function perfectly. For this reason, all elements should be in perfect sync. From the point of wiring to the inverters and then to the panels, all things should be in place to make things functional in the long run. Any malfunctioning will cause a dip in the working of the PV system in specific. In certain cases, the solar installation can stop working eventually. Measures should be taken in advance for the perfect care and protection of the solar utility in general.
Borg Energy | New Solar Panel Technologies (00:01:59)
According to experts of Borg Energy, here are now several exciting new solar panel technologies either in the pipeline or already on the market. These promising technologies will revolutionize the way we think about not just solar, but energy production in general.
Read on with Borg Energy to find out more about the exciting new solar panel technologies.
1. Floating Solar Farms or Floatovoltaics
According to experts of Borg Energy, if photovoltaic panels are placed on reservoirs and other water bodies, they offer even greater efficiency as well as a plethora of other benefits.
Floatovoltaics are photovoltaic solar power systems created for floating on reservoirs, dams, and other water bodies. Floating solar farms can generate huge amounts of electricity without using valuable land or real estate. The installation costs of floating photovoltaic panels are less than land-based photovoltaic panels.
2. BIPV Solar Technology
Building-integrated photovoltaics, as the name suggests, seamlessly blend into building architecture in the form of roofs, canopies, curtain walls, facades, and skylight systems. Unlike traditional solar PV panels, BIPV can be aesthetically appealing rather than a compromise to a building’s design.
3 Solar Skins
Solar skins are a novel PV technology to integrate custom designs into solar panel systems says experts of Borg Energy. The solar skin technology is similar to the ad wraps displayed on bus windows.
How does Solar Energy help the Environment? (00:04:55)
According to the experts of Borg Energy India Pvt Ltd, renewable energy has positioned itself as the technology of choice for power generation capacity. The rapid adoption of solar energy can be traced to the low cost and the reduction in electricity bills, as well as saves environment. On top of that, there are various incentives and rebates homeowners enjoy.
However, these are not the only reasons why solar energy is the next big thing in the energy sector. Reducing reliance on fossil fuels while embracing solar energy is also good for the planet earth. They are clean, pure energy that derives power from the mother earth gift “the sun”. Which means they can help reduce pollution and improve health.
Borg Energy India Pvt Ltd, a company harnessing the power of solar and wind and providing micro power plants delves deeper into the benefits of solar energy on the environment.
It provides green renewable energy
This is obvious, solar energy is sustainable and as much as there is sun there will always be solar power. The photovoltaic technologies used by solar powers are clean, emission-free which helps in generating pure, green energy. This means these sources are already displacing the “dirty” fossil fuels. Plus, they are from natural sources, they are clean and they are available in abundance. That is why Borg Energy India Pvt Ltd prides itself on its innovative, efficient offering of micro plants that harness wind and solar power to thousands of customers globally. A great and continuous move towards environmental-friendly energy.
It reduces greenhouse gas emission
Traditional energy sources such as fossil fuels, coal and natural gas are go through burning, mining and combustion during conversion. All these releases carbon dioxide, a greenhouse gas that leads to air pollution. This pollution is one of the earth’s greatest enemies and can lead to a whole lot of issues like global warming and risks to human health, nature and organisms. However, solar energy does not need to burn fossil fuels, reduce gas emission and allow cleaner air in the environment.
Green Loan for Home Solar Systems (00:01:23)
According to Borg Energy India Pvt Ltd, this green loan could be used by Australian customers to purchase and install a range of eligible small-scale renewable technology, including solar panels, battery packs, and electric vehicle charging stations at the property used as security for the existing home loan.
Australia’s Commonwealth Bank has announced it will offer its home loan customers up to $20,000 in low, fixed-interest finance to install rooftop solar systems, battery storage, electric vehicle chargers, or other eligible green technologies.
The new product, dubbed the CommBank Green Loan, was announced on Monday as part of the Big Four bank’s “commitment to the responsible global transition to net zero emissions by 2050,” a goal enshrined in the Paris climate agreement, but yet to be formally adopted by Australia’s federal government.
The initiative will start with an invitation-only pilot in February, in which select eligible customers will receive a direct offer to apply for the loan, followed by a national rollout scheduled for May.
It’s a great way to reduce your power bills and reduce your household’s carbon footprint says experts of Borg Energy India Pvt Ltd.
Renewable Energy in India (00:03:58)
According to the experts of Borg Energy India Pvt Ltd, the demand for energy is similarly on an all-time high. Hence, the Indian government has taken initiatives and set objectives to meet the rising demand for renewable energies over the next few years.
Looking back, the country no doubt has made some remarkable progress. The pandemic and containment measures implemented to curb the coronavirus has got the economy crippling down. The business closed, people on lockdown, salary cut and job loss. Yet, it has been a year of clean energy.
India generation of power capacity from renewable, wind hydroelectric, and other solar sources have already reached 38 per cent in 2020. Giving India a massive renewable target, this progress is already putting the country on track to reach and exceed the goals without hassle. The landmark project for flexible renewable energy was also awarded as a way of addressing the challenges of irregularities of wind and solar
Hence, Borg Energy India Pvt Ltd, a company offering innovative, efficient, micro plant while harnessing the power of wind and solar explores India’s renewable energy goals. Plus, how India is set to achieving these goals.
Short term goals
India is on its journey of ambitious goals on renewable energy and its working towards making them happen, the experts of Borg Energy India Pvt Ltd says. The government has set a target of 175GW of renewable energy by the year 2022. This includes 100 GW from solar, 60 GW from wind, 10 GW from bio-power and 5 GW from small hydropower. Plus, a Rooftop Solar Projects of 40 GW by 2022.
When this plan was first announced by the Prime Minister Modi in 2015, it was met with skepticism. After all, this is a nation that is mostly dependent on coal and has only generated 34GW. As of September 2020, the renewable power capacity was already at approximately 90GW, 48GW are at various stages of installation and almost 26GW are at the planning stages.
At the World Solar Technology virtual Summit, PM Modi confidently states that India will reach the 175GW budget of its 2022 renewable energy target and even surpass it to reach 220GW by 2022.
Solar Panels for Apartments (00:02:27)
If you live in an apartment, your household energy consumption is probably a lot lower than that of someone who lives in a house. But still, we don’t blame any apartment dwellers who occasionally feel jealous of people whose houses are outfitted with shiny solar panels, sending a message to all the neighbors that they live in the most eco-friendly house on the block.
Yes, you can install solar panels in your apartment
There are several companies that sell solar panels for apartments; however, powering your entire apartment on solar energy may be a lofty task.
Keep reading for a few awesome, apartment-friendly solar panel solutions, as well as a few other ideas for getting your apartment building or office building to run on renewable energy.
Borg Energy India Pvt Ltd | Solar Panels Types (00:04:24)
According to the experts of Borg Energy India Pvt Ltd, one important thing to consider during the installation of Solar panels, is the type of solar panels. They play a key role in determining the cost, aesthetics, installation and maintenance cost and the specific needs.
While there are many types of solar panels, the three major ones are monocrystalline, polycrystalline, and thin-film. Each has its advantages and disadvantages, together with the different purposes they serve. Hence, it is important to choose the right one that matches your needs.
Here, a reputable renewable company, offering a micro power plant and harnessing Solar and Wind Power for clean energy, Borg Energy India Pvt Ltd explain the 3 types of solar panels. This will help you in making the right buying decision.
Monocrystalline
Ever seen a dark colored, round edges cells, they are probably Monocrystalline says experts of Borg Energy India Pvt Ltd. However, while the cells are typically dark, there is a wide range of colours for the black sheets and frames.
This type is the oldest, purest and widely used solar panels. They are referred to as “monocrystalline” to demonstrate that the silicon used is single-crystal silicon. The cells are produced using a cylindrical silicon ingot developed from a single crystal of silicon of high purity. Because the cells are made from single-crystal silicon, the electrons have a lot of room to flow.
Monocrystalline boast of the highest level of efficiency at 15-20%. They also require less space and many claims that this type of solar cell lasts the longest. Plus, many manufacturers give them a 25-year warranty. Unsurprisingly, it is the most expensive among them all.
Best solar chargers 2021 (00:02:12)
Many of us are using our cars less these days but are relying on the battery to power sevices which keep running even when the car is switched off, such as alarms, trackers and dash cams with parking modes. Even a clock could drain enough power over time to mean you hear the dreaded click when you try to start the engine.
In an ideal world we’d all keep our cars topped up using a mains-powered battery charger, but in reality not all of us have access to a plug.
Renewable Energy Market 2021 Bangalore (00:04:35)
According to the experts of Borg Energy India Pvt Ltd Bangalore, the COVID-19 pandemics taken a hard toll on our lives, transformed the economy, reshaped industries, the renewable energy market is not left out. The IEA forecasted that global energy will flip upside down by 13% as compared to 2019 as a result of the lockdown measures, disruptions in the supply chain, and the global recession. “However, we can still say 2020 was a good year for renewable energy as opposed to the expectations,” experts of Borg Energy India Pvt Ltd Bangalore says. The global renewable energy market recording a higher demand for renewable energy, especially in the US and China. In fact, a whopping 90 percent of electricity generated in 2020 was renewable energy. 2020 wasn’t a negative one for the environment after all but rather a banner year in terms of growth. Where does the industry stand in 2021 and what are the trends to look out for?
As 2021 rolls in, Borg Energy India Pvt Ltd, a company providing innovative micro plant and efficient renewable energy solutions, takes a look into what trends will shape the renewable energy industry in this 2021 New Year.
Solar energy will continue to rise more than ever
Solar energy is booming and will continue to rise in 2021 says Borg Energy India Pvt Ltd Bangalore. While the pandemic slightly disrupted its operations in the last year, the New Year is expected to be different as solar energy continues to grow at a fast pace. For one, many are coming to terms with the effect of climate change and are embracing clean energy more than ever. Investors are also not deterred by the changes the pandemic brought as they could see the potential growth of these renewable energy market in 2021. More companies like Google, Apple also aim to adopt 100 percent renewable energy 24/7 and they are committed to making it happen.
For instance, despite the lockdown measures and stay at home order, china’s installations of solar power doubled as the country works towards its aim to hit carbon neutrality by 2060. The US might also have experienced a decline in the residential installations in the 2nd quarter of the year 2020, the country is working towards a better one just as it was before the pre-pandemic. However, there has been a surge in the amount of storage deployed in the third quarter of 2020 which is a key factor driving the industry forward. Not to forget that India is not left out. Despite the lockdown measures India is emerging and is gearing efforts towards clean energy.
It’s the time for green hydrogen to shine
Who could have thought that green hydrogen could gain traction in 2021? While many recognize its importance in reducing emissions, the technological challenges and cost of production have been major reasons why it has taken the back seat. Green hydrogen is produced through a chemical process known as electrolysis. When powered by renewable sources, energy is produced without emitting carbon dioxide into the atmosphere. A solution that is going to drive the energy sector as renewable energy is getting cheaper with less burden on the government for support.
Many countries like the Netherlands, Australia, and Portugal are already investing in this technology. Governments, investors, and businesses are also embracing this technology and there are expected to be more projects and collaboration with the renewable sector this New Year. 2021 is going to be a huge one for green hydrogen!
Borg Energy India Pvt Ltd Bangalore|2021 Renewable Energy (00:01:52)
According to the experts of Borg Energy India Pvt Ltd Bangalore, the new year begins with surging growth for renewable energy. Growth will likely continue into 2021, fueled in part by last year’s major turning points.
Here are the recent developments and major forces shared by Borg Energy India Pvt Ltd Bangalore, shaping the global renewable market in 2021.
1. Installations doubled in China
Even after the government locked down large swathes of the country early in the year, businesses still wanted solar says experts of Borg Energy India Pvt Ltd Bangalore. The country’s main solar industry group expects a record surge in business over the next five years following President Xi Jinping’s September announcement that the country will zero out carbon emissions by 2060.
2. Solar installations in India
According to the experts of Borg Energy India Pvt Ltd Bangalore, new solar projects continued to set new records—meaning that once power company finances are in order, it’s a good bet that solar will be the cheapest option. Another bit of good news was that clearer skies when factories and streets were empty meant that there wasn't as much smog blocking the sunshine, allowing for higher generation from the country's existing panels.
Solar Power Technology (00:02:00)
According to the experts of Borg Energy India Pvt Ltd Bangalore, Solar Power is the technology used to harness the sun's energy and make it useable. As of 2011, the technology produced less than one tenth of one percent of global energy demand.
Many are familiar with so-called photovoltaic cells, or solar panels, found on things like spacecraft, rooftops, and handheld calculators. The cells are made of semiconductor materials like those found in computer chips. When sunlight hits the cells, it knocks electrons loose from their atoms. As the electrons flow through the cell, they generate electricity.
Megatrend In Solar Energy (00:02:34)
The solar sector has enjoyed a jaw-dropping run-up in the current year. The sector’s sole pure-play solar fund, Invesco Solar Portfolio ETF (TAN), is up 234% over the past 52 weeks, with a good chunk of those returns having come after Joe Biden was declared the winner of the U.S. presidential elections a month-and-half ago.
That incredible momentum is certainly beginning to look like a big bubble in the making, considering that it’s hard to prove how the fundamental value of solar companies has more than tripled in the space of just 12 months. Although solar is mostly considered a growth industry, solar companies have generally recorded a smaller spike in demand as a result of the pandemic compared to work-from-home companies.
Reasons to Install Solar Panels (00:04:06)
Borg Energy India Pvt Ltd, a renowned organization harnessing Solar and Wind Power to offer innovative micro power plants and effective products explains why you should consider solar panels as the number one choice of electricity.
The use of solar power has now been adopted across the globe to sustain the environment. The sun is a great source of energy and although we cannot collect all the energy from it, we can make use of it through the installation of solar power. This can make a remarkable difference to our planet as a whole as it helps us generate renewable energy instead of using fossil fuel that causes damage. A rooftop solar panel is a great way to reduce electricity usage, reduce cost, create an Eco-friendly environment, and be used for different reasons.
While a lot of people feel it is very expensive, solar energy has proven to be exceptionally advantageous for both our environment and health. With the competitive prices in the solar panel market and the solar panel subsidy, the rooftop solar panel has now become the main source of energy for many families. The invention of the solar battery storage system has made solar more efficient in the last few years. Here, Borg Energy India Pvt Ltd Chennai takes us through why to install solar panels.
It’s a Source of Renewable Energy
One of the most important benefits of solar panels is that it’s a source of renewable energy. Also, it helps create an Eco-friendly environment with no emission of fossil fuel. We often run out of other sources of energy however, we cannot run out of solar energy. We have access to it as long as we have the sun. Sun is a mother nature, available every day, all over the world.
Reduces your Electricity Cost
The installation of rooftop solar energy allows you to generate your electricity making your monthly electricity bill to reduce. The size of your solar panel will determine the amount of electricity you can generate and how much electricity bill you save. According to the experts of Borg Energy Chennai, the good thing is the lifespan of a solar panel is between 20-25 years which means going solar helps you cut your electricity cost for many years.
Borg Energy Chennai | Renewable Energy Types (00:02:45)
According to the experts of Borg Energy Chennai, renewable energy usually tops the list of changes the world can implement to stave off the worst effects of rising temperatures. That's because renewable energy sources such as solar and wind don't emit carbon dioxide and other greenhouse gases that contribute to global warming.
Clean energy has far more to recommend it than just being "green." The growing sector creates jobs, makes electric grids more resilient, expands energy access in developing countries, and helps lower energy bills. All of those factors have contributed to a renewable energy renaissance in recent years, with wind and solar setting new records for electricity generation.
Types of renewable energy sources
1) Hydropower
For centuries, people have harnessed the energy of river currents, using dams to control water flow says experts of Borg Energy Chennai. Hydropower is the world's biggest source of renewable energy by far, with China, Brazil, Canada, the U.S., and Russia the leading hydropower producers.
2) Wind
Harnessing the wind as a source of energy started more than 7,000 years ago. Now, electricity-generating wind turbines are proliferating around the globe, and China, the U.S., and Germany are the leading wind energy producers. From 2001 to 2017, cumulative wind capacity around the world increased to more than 539,000 megawatts from 23,900 mw—more than 22 fold.
3) Solar
From home rooftops to utility-scale farms, solar power is reshaping energy markets around the world. In the decade from 2007 and 2017 the world's total installed energy capacity from photovoltaic panels increased a whopping 4,300 percent.
Facts About Solar Panels (00:02:07)
As people have been spending more time at home and watching their utility bills increase, solar energy is becoming a topic of interest. In fact, even with more constrained purchasing practices in many households in the current environment, a recent Harris Poll research study revealed a 13 percent increase in consumer interest in solar energy since mid-March.
The installation of solar panels can save homeowners hundreds of dollars in monthly utility bills, boost the value of their homes and provide peace of mind about helping the environment. Thankfully, making solar energy part of your daily life has never been easier.
If you are among the millions of American homeowners considering making the logical step to solar energy, here are some facts from renewable energy experts.
Your solar energy system gathers the most energy from full sun, but it can still work at 10 to 25 percent capacity on overcast days.
Future of Anti-Solar Panels (00:02:02)
According to the experts of Borg Energy India Pvt Ltd, fossil fuel is still the most widely used source of energy. It is unrenewable and its usage has cause pollution and the release of harmful substances in our environment. For decades, scientists have worked hard to switch to renewable energy which can make our way of life more environmentally friendly but there are always drawbacks. While some are extremely difficult, others are inefficient.
The development of solar power is a great turning point in our technology and renewable energy. Solar panels are undoubtedly one of the most important energy development of all time because it can produce unlimited energy. It is also an incredible tool for generating clean and renewable energy. The solar panels are gaining more popularity and its efficiency is getting better daily. However, it has a downside. It only works during the day when there is sunlight. And many countries in the world experience little to no sunlight all through the year. Therefore, the solar panel is ineffective for them and when there is little sunlight, will it be enough to convert into electricity?
One of the most important parts of this project is to produce another dependable source of energy. Hence, anti-solar panels, a new technology, has been developed to solve the problem. This new technology uses a different process to generate energy. It has a way of generating energy at night. It works by capturing the heat that the earth emits into the atmosphere at night. The heat radiated is then used to produce electricity with the help of a thermoelectric generator. Read on as Borg Energy India Pvt Ltd, a company providing solar and wind power to produce micro power plants explaining why anti-solar panels are the future of renewable energy.
The Impact of Anti-Solar Panels on the Environment
Research has proven that anti-solar panels are effective and have a great impact on renewability said by the experts of Borg Energy India Pvt Ltd. For many years, solar energy has become successful. Therefore, the introduction of anti-solar panels will make solar energy a more attractive option and push it to become more applicable. Production and uses of fossil fuel is a significant contributing factor to our climate change. Therefore, the introduction of renewable energy will improve our climate. It will reduce our dependency on fossil fuel and protect our environment from the greenhouse effect. The function of anti-solar panels at night will make individuals and companies produce more energy at night instead of using fossil fuel.
The Impact of Anti-Solar Panels on our Industry
The anti-solar panels will greatly impact the work of many industries. It will not only make renewable energy an alternative option but also allows those already using solar energy to increase their operations. Anti-solar panels help to remove operation limitation and allow companies to use solar power when the sun is down. This makes companies take on more and diverse tasks. Construction companies will also benefit from the anti-solar panels. Their crew will be able to work at night without the use of fossil fuel. They will also work in a more comfortable environment without disturbing people.
Renewable Energy Investment opportunities in Lockdown (00:01:59)
Borg Energy India Pvt Ltd, a renowned organization harnessing Solar and Wind Power to offer innovative micro power plants and effective products explores reasons why you need to invest in renewable energy in the coronavirus lockdown.
The unprecedented coronavirus crisis has not only disrupted our lives but also the economy and this whole world might simply be on the verge of experiencing the worst economic downturn in history. With government strict stay at home orders to combat the spread of the virus, businesses are halted, borders are closed and the movement of people has screeched to a halt.
This, however, has come with a silver lining to the world’s dark clouds. Almost empty cities are bathed in blue skies, the air is cleaner, thanks to the reduced air pollution. The lockdown has led to the reduction of emissions from fossil fuel combustion which have dropped radically in many countries.
One of the most pervasive, and neglected problem crippling the environment, air pollution can intensify the pandemic. The most vulnerable include people living in cities with highly polluted areas as their respiratory and cardiac systems are likely to be compromised. This has led many to embrace the cleaner, renewable sources of electricity including wind, solar PV, hydropower, and nuclear.
While many sectors have been impacted including the global energy which has been predicted to fall by 6% in 2020, this might be the best time for renewable energy to soar. Renewable power started off as a booming industry helping to reduce the emission of carbon and other types of pollution. It is expected to increase by 1% amidst the coronavirus crisis. Could this be the shift to cleaner energy? As many are ditching the dirty fossil fuels to a cleaner one and government and businesses alike are ensuring to build new energy and cleaner environment, renewable energy promises to a good one during this period of crisis.
Here, Borg Energy India Pvt Ltd, provide 3reasons why investing in renewable energy is the best decision you can make for your investment portfolio.
The benefits of renewable energy over fossil fuels
With renewable energy being the cleaner alternative, it has assumed a great significance over the years. According to the experts of Borg Energy India Pvt Ltd, renewable energy has become a more reliable power supply with fewer oil spills, and more safety to the world’s natural resources. With the battle to solve climate change, renewables are simply the answer as they don’t release greenhouse emissions which pollutes the air and pollutes the environment. Moreover, the price of renewable energy falls at a substantial rate and is more affordable as compared to the high volatility of fossil fuels. This can help protect investors when oil prices spikes and they can substantially mitigate risk. The growth of renewable energy will continue to soar. It is simply good for the people, the investors, and the planet.
Green Energy Project by Borg Energy (00:03:32)
Borg Energy Pvt Ltd has successfully completed a prestigious project to convert over 60 residential quarters of Members of Parliament into 100 % green energy efficient spaces.
The Borg Energy India has commissioned three 10 kW on grid commercial solar photo voltaic power plants totaling a capacity of 30 kW on Grid at the residential flats of members of Parliament.
They has utilized its flagship specialized designed Vega Series On Grid String Inverters in this project which entails best invention patented topology globally.
The new series by Borg Energy India Pvt Ltd of solar powered energy generating systems in India that are highly cost-effective and can be widely used for both domestic and commercial projects to generate environment friendly free of cost electricity.
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