Fear? Cost? Fame? What’s turning on Asian businesses to renewable energy?

eco-business.com

What is the main the reason corporations are buying renewable energy? Cost saving? Compliance? The goodness of their hearts?

The first is obvious—savings. I have never seen any company adopt renewables purely out of altruism. There’s always a commercial angle. Owners of large real estate portfolios try to monetise their “rooftop assets”, other companies want to diversify their energy source, or simply adopt solar to hedge against rising energy costs.

A solar installation in Singapore by LYS Energy Group. Image: LYS Energy
A roof-top solar plant in Singapore for a major corporate, installed by LYS Energy Group. Image: LYS Energy

By Robin Hicks Feb. 24, 2020

Continue reading on CVD >>

Leave a comment