Driving Sustainability by Investing in Solar Energy

2 min. reading
Energy saving technology, Storage / 6 March, 2022

Andrea Daly Aurenty Journalist

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With a high energy demand worldwide and a need to reduce the environmental impact generated by multiple industries, solar energy continues to be presented as a viable alternative that offers considerable benefits, the most important being the little impact it generates on the planet.

The creation of awareness regarding the benefits can be seen reflected in the world figures of capacity and generation of energy, in which it is observed how renewable energies or also known as alternative energies continue to gain ground in a society dependent on electricity and with the important mission of becoming a more sustainable society.

These demonstrate that the use of renewable energy is here to stay and, as an investor, it is an important area related to sustainability and environmental impact that must be taken into account.

Main types of energy storage

Main types of energy storage

Our world is in a transition from fossil fuels to renewable and clean energies, so an improvement in electrical energy storage is of vital importance to support these technologies.

Solar energy and its many benefits

The main benefit of solar energy is that it does not generate greenhouse gasses or pollution during its use, but it is not the only one. It also helps conserve natural resources by reducing the need for them.

It also brings as a consequence a considerable level of savings that is reflected in its long-term costs, since it does not require material extraction processes to function.

An important point in favor of solar energy is the fact that it reduces dependence on the outside in terms of this type of supply, so it can be protected in situations of force majeure such as blackouts.

In addition, it opens the possibility of having electricity in geographical spaces that wiring systems cannot reach.

At the micro level, it can be noted that, although the initial investment cost of solar energy can be high, in the long term the costs of a home at the electrical level will be considerably reduced. This is one of the main reasons why this type of energy continues to become more popular and with less environmental impact.

Investing in a better future: alternative energies

The combination of the aforementioned benefits and the recent technological advances in terms of sustainability lead to the conclusion that investing in solar energy has a great possibility of a positive return on investment, in addition to being one of the many ways that the investor can use to make not only a profitable investment, but also a socially responsible one.

Regarding solar energy, some of the companies with an interesting development in the financial market are:

Solaria Energia

First Solar 

Sunrun Inc.

For many, it is not only the return on investment, but also the impact they could generate by investing in topics such as alternative energies, solar energy being one of the best known.

Seeking to connect with options related to environmental impact, sustainability and renewable energies that can project a good financial performance in the future and simplify the investment process, BBVA New Gen has a varied portfolio so that you can easily get the most out of your capital, investing in trends that capture your interest.

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