Home » Green Energy Finance and Global Transition to Green Energy

Green Energy Finance and Global Transition to Green Energy

Green Energy Finance

Green Energy Finance

Are you thinking about installing green energy technology like solar panels to save on your power bills? If so, we have a range of lenders for commercial solar power installations. We have a number of financing packages which include ‘No Financial’ finance solutions for your business.

Check out our Green Energy Finance page for more details.

Visualizing the Global Transition to Green Energy

“A fully green future could be closer than you think. With each passing year, the steadily declining price of renewable energy makes it increasingly competitive against fossil fuels.

A recent United Nations report estimates that renewables must make up 70% to 85% of electricity by 2050 to combat the dire effects of climate change.

The good news? Embracing renewable energy is becoming easier on the wallet. Most renewable energy sources are becoming cheaper and quicker to produce, and it’s speeding up widespread adoption.

The price of solar photovoltaic cells are projected to dip dramatically over this seven-year period, as solar panel infrastructure moves away from being an experimental technology, and into a trusted energy source easily replicated at scale. Solar also received the newest investment by energy type in 2017, up 18% from the previous year.

Of course, it won’t happen overnight. Even as the world continues to electrify, coal will still make up almost one-third of the world’s energy mix in 2040, while renewables will only be at 25%.

Nevertheless, concentrated efforts to curb our reliance on coal are signals that fossil fuel is on its way out, and new investment in green energy sources is on the rise in most regions”.

Courtesy of: Visual Capitalist, October 31 2018, by Iman Ghosh.

 

Contact us or call on 02 9453 0300 for Equipment Finance, Commercial Finance or Home Loans.