Phelan Energy Group

The Economic Benefits Of Using Solar Energy

Across the globe, there are considerable growing concerns about the harmful effects of greenhouse gas emissions from the use of fossil fuels and the overall impact of climate change. The increasing demand for cleaner and safer forms of energy is higher than ever, which is why many governments are looking to adopt alternative methods of generating power. Renewable energy is already cheaper than other energy options in most of the world, but it comes with other economic and societal benefits as well.

Human Welfare

Renewable energy is scalable in areas where there is very little or no electricity. Especially in developing countries, as globally, over 1 billion people are still not connected to the grid. By using solar power to help eliminate poverty, developing countries inch closer to a sustainable solution. There are other renewable energy sources besides solar, but this energy resource has a pollution free nature, virtually inexhaustible supply and global distribution. 

Environmental Impact

Compared to other energy sources, solar energy has the least negative impact on the environment. Firstly, generating electricity with solar panels produces no greenhouse gasses, unlike fossil fuels which generate harmful carbon dioxide and methane emissions. There is also no pollution of local water resources, as solar power plants do not require massive amounts of water to facilitate their vital cooling requirements. Switching from fossil fuels to renewables could help slow down climate change and avoid some of these potential economic losses.

Job Creation

The solar and renewable energy sector provides many different types of jobs, including positions in manufacturing, installation, engineering, sales, marketing and more. While the number of jobs is related to the size of the solar plant, these jobs in rural areas provide income for additional families and increase the use of local facilities – which would in turn help decrease the unemployment rate of the given area.

Diverse Uses 

Solar power plants can be used for a number of different purposes such as to generate electricity or heat. As we have already mentioned, they can also be used to produce electricity in areas without access to an energy grid, solar farms, solar PV arrays and solar thermal heating systems. Innovation will continue to drive new applications of solar energy technologies that will improve our daily lives and help power a cleaner world.

About Phelan Energy

As an organisation, we are a world leader in the development of Solar PV solutions, powering a new generation of affordable solar electricity. The founder of the business, Paschal Phelan, has become the largest privately-owned photovoltaic developer in South Africa, with a core vision for entrepreneurship and responsibility for our environment. 

We have an outstanding reputation for our customer support and reliability, which we hold great pride in sustaining with every client we work with. We have helped to achieve this perception through cost management, innovation and efficiency – without compromising on quality. 

If you are interested in learning more about the work we carry out, you are more than welcome to telephone us on +353 1 669 4680. You can also complete the contact form on our website and someone will get back to you as soon as possible. 

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