Shifting Gears Toward Clean, Sustainable, and Renewable Energy This 2019
Solar Digital Squad
March 21, 2019
The solar industry in a nutshell
Solar power is beginning to play a massive role in delivering clean and safe energy to the world population. There are various giants at play in this industry. In countries like the Philippines, solar panel parts and accessories manufacturers market products such as inverters, mounting racks, batteries, energy storage systems, etc. Solar panel manufacturers make, develop, produce, and distribute solar panels. Solar installers offer a one-stop shop, or a turnkey solution for solar power systems from system design, engineering, installation, to maintenance and support. These are usually the top-of-mind names that the end consumers are familiar with.
Cost per click and cost per watt
Back in the day, business talks revolved around CPC, or cost per click. This 2019, discussions focus on Cost Per Watt. This is one of the most important metrics to know and understand because this is how to determine efficiency and production costs.
The key takeaway
The growth of the solar industry will continue. The International Energy Agency estimates that by 2022, global capacity will be between 1,000 and 1,300 gigawatts (GW), while GTM Research estimates global capacity at 871 GW by 2022. This can be summed up in one simple sentence: global solar demand will continue to rise over time.
Is climate change getting worse?
The entire planet is adversely affected by climate change, which is why various countries are embracing renewable energy, especially solar. Almost 100% of Iceland’s energy comes from renewable sources. Sweden has boldly declared its goal of eliminating fossil fuels. Germany runs on 20% renewable energy. Costa Rica has a target of being absolutely carbon neutral by year 2021. The Philippines has a longer dry season. Thus, we have more sunshine. What is our goal in the Philippines?
Who is the biggest pure-play solar installer in the Philippines?
Solaric is the recognized king of rooftop solar. Solaric has established its name across the renewable industry as a proven and reputable rooftop solar leader. Backed by decades of experience, Solaric has installed more than 50% of residential rooftop solar panels in the Philippines and has delivered significant cost reductions in electricity expenses, as well as milestone contributions to a cleaner, greener, and renewable future. Solaric is now becoming the recognized leader in corporate and industrial solar projects. The Solaric installers and engineers are well-known troubleshooting experts. They work hard to ensure that solar panel systems run efficiently and seamlessly so that everyone with rooftop solar can enjoy the benefits of clean and renewable power. Welcome to the new generation of solar and turning on the sun. For the future.
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Contact the solar experts
For more information on solar power systems and solar system installers and experts, click here.
We will gladly explain to you how the system works, or schedule a survey so we can give you options for your new home or existing homes or businesses.
At Solaric, we Turn on the Sun.