3 reasons why roof-top solar is the future of energy
Solar is now the
cheapest form of electricity on the planet
From 2010-2019, solar
received half of the world’s total $2.6 trillion investment into clean energy and consequently added
more capacity to the grid than any other energy source. In 2019, 638 GW of net capacity was added to
solar versus only 487 GW for wind, 283 GW for hydro, and -7 GW for nuclear.
5G Electricity bill will be $0.5 trillion by 2025
Europe has never
paid as much for energy as it is in today’s market.
With the global pandemic,
geo-political tensions, supply chain disruption, and many energy suppliers going out of business,
energy prices are at an all-time high – an increase of 200% in the past two years alone. This upward
trend shows no signs of slowing down and is actually expected to continue increasing until 2025.
The Sleeping Catalyst for Net Zero: Small Scale Solar
One of the more commonly
discussed catch 22s, holding back the growth of the solar sector, is the fact that panels have to go
somewhere. And too commonly, they are in the form of large-scale, ground mounted solar. A central
reason for this is that they are easier to fund than rooftop solar as they more predictable. This is
due to the conversely transient nature of tenancy, leases, and the changes-of-hands common with
rooftop ownership. Moreover, large scale solar projects are able to achieve carbon emergency targets
in one go. Finally, they are thought of as cheaper, due to their solar economies of scale.