Why Invest in Solar?
At Dyme, we are dedicated to reducing carbon dioxide (CO2) emissions, which is why we invest in solar energy and other renewable energy projects. Currently, fossil fuels make up 80% of global energy use and are the biggest source of CO2 emissions. Electricity produced by fossil fuels accounts for 34% of global emissions. By reducing the amount of electricity produced from fossil fuels, we can provide a sustainable solution for our planet and improve air quality.
What is Solar Energy and Why Invest in Solar for Renewable Energy?
How Does Solar Energy Work?
When you ask why invest in solar, it’s clear that solar energy harnesses the power of the sun, a renewable resource, to generate electricity. Solar panels, composed of photovoltaic cells (PV) cells, convert sunlight into electrical energy. This process is not only sustainable but also reduces our carbon footprint significantly.
Why Invest in Solar Energy? Solar energy is a key focus for us because it offers multiple benefits that align with our goals:
Reduces Greenhouse Gas Emissions
Solar energy systems generate electricity without emitting greenhouse gases, helping to decrease air pollution and mitigate climate change.
Renewable and Sustainable Energy
Technological Innovation and Efficiency
Advances in solar technology have made solar panels more efficient and cost-effective. This is another reason why investing in solar is a smart choice.
"Solar energy offers more consistent power generation across diverse geographic areas and typically has a lower environmental impact during operation."
"Solar energy often provides a more immediate and economically advantageous solution due to its lower costs and consistent performance."
What is the Actual Reduction in Emissions?
When solar panels are used to generate electricity, they produce no direct emissions. For those asking why invest in solar, the answer lies in the substantial benefits: over their lifetime, a typical residential solar panel system can offset approximately 100,000 pounds of CO2, which is equivalent to the emissions from burning over 50,000 pounds of coal. This substantial reduction in greenhouse gas emissions makes solar energy an effective solution for mitigating climate change.
> Learn more about our detailed work on modelling emission reductions from solar investments
System Size and Efficiency
Geographic Location
Energy Grid Mix
Life Cycle Analysis
Emissions in Building Solar Panels
Why Dyme doesn’t just plant trees?
Trees are an amazing solution to sequester carbon, reduce temperature and release oxygen in the atmosphere. However, they do not address the main problem, which are the emissions caused by fossil fuels. When we replace power from fossil fuels to renewable sources, we cut the evil at its root: emissions of greenhouse gasses. That’s why we focus on building renewables and not on planting trees.