Solar Energy Project Funding

Solar energy is radiant light and heat from the Sun harnessed using a range of ever-evolving technologies such as solar heating, photovoltaic, solar thermal energy, solar architecture and artificial photosynthesis. With an agenda to “go green” there is an urgent need to get your solar energy project funded.

Solar energy is a free, inexhaustible resource, yet harnessing it is a relatively new idea. The ability to use solar power for heat was the first discovery. In 1767,  Horace de Saussure built the first thermal solar collector which he used to boil water and heat up food. In 1891, Clarence Kemp then patented a solar water heater to use for commercial purposes.  We still use solar power in the same two forms today, thermal and photovoltaic.

How photovoltaic technology works

The technology converts sunlight into electricity to heat buildings and heat water. The photovoltaic system is made of silicon cells. Cells are wired together form a module and these modules are connected to form a panel. Power is produced when light rays hits the semiconductor and creates an electric current.  A group of panels is called an array, and several arrays form an array field.

Solar Energy Project Campaign

Why the world should be producing more “clean tech” products

 

By identifying these key areas to harness the suns power, is fundamental to empowering the connected world with cleaner energy sources. New technologies should be ozone friendly and prevent human and animal species from harm.

Why use Solar Energy

The main advantages of solar energy

  • it is clean
  • It’s able to operate independently or in conjunction with traditional energy sources
  • It’s renewable
  • Solar energy produces no air or water pollution
  • No greenhouse gases
  • Solar energy is predictable

The main disadvantages are that it is currently more expensive than traditional energy. The availability of solar radiation varies from day to day and from season to season.

The Need For Solar Energy Technologies

The biggest geopolitical breakthrough in clean energy wasn’t just the recent COP agreement in Paris which the outcome is to reduce world carbon dioxide emissions by 2%.  It was the U.S. lawmakers who agreed on a deal to extend tax credits for solar and wind capture for another five years.  This helps the U.S. accelerate their production of clean energy that can rival China to become a world’s superpower in Green Energy. By the year 2030, it is possible that solar capture could provide 100 percent of today’s energy and by 2035, it could be free.

From Energy Poor to Rich in Power

Solar energy can help benefit countries that are energy poor as we are seeing positive developments in battery storage (sorry for the pun). There are still many areas of the world that don’t have the technologies to generate electricity which could help bring them into the 21 century. Having unlimited, clean energy will come in major leaps and bounds in the not too distant future.

Solar Energy Project Finance

Green, renewable and reusable technology will transform and benefit mankind, not just the human race but for planet Earth.  Prestige Capital Partners are  interested in sourcing funding for any solar energy projects that pave the way for a brighter future.

 

Solar Energy Project Funding was last modified: June 20th, 2017 by Denise