Saving The Planet Through New Business Models
Technology has made alternative energy cheaper. It is a common myth that alternative energy is more expensive than oil. In 2014, the cost of solar energy became lower than oil. In addition, 'smart city' and 'smart society' technology has lowered the cost of the consumption of energy to the consumer. Over time, costs to hydro, hydrogen and wind are also falling substantially. AVG is taking advantage of this macro shift.
The new wave of alternative energy and green investing is not only about saving the planet but investing into more efficient energy systems. The price of renewable energy systems and smart city solutions are getting more competitive. These superior business models give investors great IRRs while at the same time saving the planet.