IPFS News Link • Energy
The Positive Economic Effect of Solar Energy
• http://www.naturalnews.comSolar energy may not be a new invention but with its efficiency, cheaper costs and increased availability it is becoming more prominent and increased focus on it can provide many benefits.
The main advantage is of course to produce much cleaner energy at a cheaper rate to power our homes, hospitals, shops and other amenities. As solar energy becomes more in demand it provides a boost to the economy in various different ways.
Creates Jobs
From installing solar panels on the roofs of individuals' homes to setting up a solar power plant, workers are required to carry out such tasks. This creates tens, hundreds and even thousands of jobs depending on the size of such projects. For example Iluméxico aim to supply 300,000 people in rural Mexico with solar power which has created an initial 180 jobs in the region along with brining clean, affordable energy to off the grid homes.
Innovation
There is a knock-on effect of the increased focus on solar and green energy for other businesses too. Car manufacturing companies will see an opportunity to develop more electric vehicles that can incorporate solar energy into powering them. This creates new jobs and in other sectors a similar phenomenon may occur. It does reduce the reliance on fossil fuels which is likely to have a negative impact upon jobs in that sector over time.