The Sunny Side |
![]() Solar Energy paves the way to usher in a new ‘clean energy era’ Since the early ages, the sun has been regarded as the most powerful source of energy. Aside from nurturing life on this planet, its heat and light has also fuelled solar technologies. Today, it is seen as the fastest growing source of renewable energy, offering environmental benefits and cost-efficiency. Shining Examples![]() Solar power in Rizhao Although the advantages of solar technology were commonly known, concerns of global warming and climate change, and more recently, the oil shock followed by the financial turmoil has given environmental consciousness a second boost. It became evident that demand for oil will not only lead to high prices but also rapidly deplete its remaining resources. ![]() Aerial view of Masdar, the eco-city project in Abu Dhabi. ![]() Conergy Korea, one of the largest PV plant in the region. A new day dawningSingapore, despite being green has not ventured extensively into 'green' technology. Although debates have been going on from time to time, the reasons cited for the failure to adopt were its high cost of installation and maintenance. But today, solar technology is seeing a new shine. The tumbling cost of production in recent years together with heightened consumer awareness and ability to afford this technology is an encouraging sign. Adding to this, the 20-odd home-grown solar technology firms based in Singapore and a healthy dose of bountiful sunshine make the island nation an ideal laboratory for solar experiments.![]() ![]() Solar panels installed at the carpark rooftop of Sembawang Shopping Centre in Singapore, the first CapitaLand property to utilize solar energy for its electricity usage. With a payback period of 20 years, the installation of the panels is not entirely commercially advantageous. It is also a challenging prospect to install it in an already constructed building as opposed to one that is being designed as a new project. Yet, CapitaLand believes that it is the right way to go. "Environmental responsibility is an integral part of our Corporate Social Responsibility and we will continue to incorporate this philosophy in our business operations," Wong asserts. The retail mall is the very first CapitaLand property to have adopted the PV technology. But it will certainly not be the only one. The real estate company is closely monitoring the performance at SSC to consider its adoption for future developments. Bright futureAdvancements in solar energy have come a long way from merely heating bathwater or warming up the swimming pool. So much so that Pacific Gas and Electric from the United States, has announced its plan to build orbiting solar panels through space to capture solar energy closer to its source.As the world ushers in a new 'clean energy era' to offset its carbon footprint, the future powered by the sun looks bright.
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