In todays rapidly evolving energy industry, more and more companies are beginning to realize the benefits of installing on-site solar technology. Businesses that deploy solar can expect energy cost savings, excellent returns on investment, rebates and tax breaks, and environmental benefits. Investing in solar energy, as well, sends a strong signal to consumers that a company is conscious of its energy use and environmental impact, which may provide additional financial gains through public relations and marketing benefits. Check out these three food companies which are harnessing the power of the sun.
In the wake of Hurricane Maria, many Puerto Ricans have been left in the dark. The massive storm left the islands electrical grid in ruins, and three weeks later, the vast majority of its population remains without electricity. It can be difficult to rebuild in the aftermath of such a large natural disaster, but solar energy has the potential to bring new light to the territory.
Last Friday, the Department of Energy directed the Federal Energy Regulatory Committee to open a rulemaking proceeding to provide full recovery of costs for power plants that keep 90 days of fuel supplied onsite. DOE officials wrote that the Notice of Proposed Rulemaking (NOPR) would enhance the resilience of the nations electric system and protect the American people from energy outages expected to result from the loss of this fuel-secure generation."
Last month, I covered news of a novel solar tariff proposed by bankrupt solar industry companies Suniva and SolarWorld Americas. Today, the U.S. International Trade Commission will decide whether to find favor in a petition to impose a tariff and floor price on imported crystalline silicon photovoltaic solar panels.
It is evident that the key to success for clean energy businesses, or any businesses for that matter, is to specifically cater to Millennials. This may not come as a surprise, but Millennials (people about 18-35 years old) are growing up and becoming the leaders and big investors in the United States. This means that understanding the needs and values of this generation, and then molding business practices to that, is crucial.
