As Steve Jobs once said: “innovation is what distinguishes a leader”. And in this sense, the renewables sector is no different.
Solar or wind energy are two of the generation sources called to make a difference on the path to a climate-neutral future. In recent years, both technologies have undergone unprecedented development and thanks to this, they have been able to consolidate themselves as benchmarks for a clean energy supply.
INNOVATION: KEY TO THE FUTURE OF SOLAR ENERGY
Innovation in the solar energy sector is a very important issue, not only for any organization in the world but also for society. There is no doubt about it. Innovation is a fundamental pillar for an organization to be more competitive, more efficient, generate greater impact…
And this trend has been growing in recent years. Searching for a new way of doing things has become, even more so after the pandemic, the only alternative for many companies. And especially since there are sustainability challenges that we need to address.
Innovation allows companies like Nara Solar to develop innovation strategies and cultures, with defined and balanced portfolios, capable of offering projects with a positive impact on the value chain.
According to official UN figures, it is expected that by 2050 the share of renewable energies will go from the current 25% to more than 70%. And this is mainly due to the great advances that the sector has experienced. Before it was not possible but now we have the technology and knowledge to reach that goal.
In renewable technologies, we innovate in lines such as the extension of the life of renewable generation assets, the improvement of technologies to increase efficiency (control systems or machine learning, for example), the optimization of technological processes (such as the use of drones or the treatment of images for the planning and maintenance of facilities), the hybridization of renewable sources or the integration of storage systems.
This is what has caused renewable energies to be increasingly efficient, generate more energy and be much cheaper. And, therefore, that clean generation sources have more and more weight in the energy mix.
Solar energy has been, for several years, cheaper without subsidies than any other technology. And the forecasts of the consultant Wood Mckenzie anticipate that their prices will continue to fall between 15 and 25% during the next 10 years thanks to innovations such as cheaper production processes and materials, bifacial modules or the increase in the size of the solar modules.
For this reason, we are confident that innovation, as Steve Jobs said, will make the difference between leading companies and the rest and we believe that our best value is to incorporate new solutions, develop capabilities and propose new businesses for the company.