Solar power is a rapidly growing industry, with global installed capacity increasing at a compound annual growth rate of around 17% from 2010 to 2020. As the world looks to transition to cleaner, more sustainable forms of energy, solar power is becoming an increasingly attractive option for investors.
Solar power is one of the fastest-growing industries in the world. A striking example of this is that global installed solar power capacity surpassed 1,200 GW in 2023 which is 30 times more than the globally installed solar power in 2010. The European Union has more than 200 GW in capacity due to their renewable energy targets, while the U.S. has a capacity of more than 140 GW.
Solar is an inexhaustible natural resource to produce sustainable energy that provide long-term energy needs also due to energy storage technologies. As a very crucial alternative to the conventional energy sources, solar energy reduces greenhouse gas emissions or other harmful pollutants that contribute to climate change and global warming. Thus, it reduces the dependence on fossil fuels and pollution, it significantly minimizes electricity costs, and it provides a more sustainable and resilient energy future.
For investors, there are a variety of ways to invest in solar power. One option is to invest in solar power companies that design, manufacture, and install solar panels and other equipment. These companies can provide exposure to the growing solar power market, and can benefit from the increasing demand for solar power and the decreasing costs of solar power. Another option is to invest in solar power projects, such as utility-scale solar power plants. Investing in these projects can provide exposure to the operating cash flows generated by the power plant, and can provide a hedge against the increasing costs of fossil fuels. Finally, investors can also invest in solar power funds, which pool money from multiple investors to fund solar power projects.
Additionally, solar power is becoming a major source of electricity in many countries and it is expected to be major source of electricity in the future, which makes it an attractive investment opportunity for the long-term. Furthermore, the solar energy industry is expected to continue to grow as technology improves, costs decrease, and governments around the world implement policies to promote the use of renewable energy.
In conclusion, solar power is a promising and profitable investment opportunity for investors who are looking to invest in clean and sustainable energy solutions, and support the transition to a low-carbon economy.
Solar energy development services typically involve a team of experts with expertise in engineering, procurement, installation, and maintenance.
Includes the management of O&M contracts and with third parties, insurance companies and control and surveillance services.
Comprehensive monitoring of all O&M activities and reporting according to operational and financial requirements.
We establish and maintain a relationship with the main local authorities to obtain the necessary operating permits.
AGE maintains 24-hour supervision of its assets around the world thanks to a state-of-the-art monitoring system.
We obtain ‘Insights’ from development operations to improve AGE’s internal procedures and contracts and ensure the highest quality and performance standards.
Predictive, preventive and corrective maintenance to anticipate potential failures.
