Developing Nations Seek the Power of the Sun
Developing nations around the world are enthusiastic about the power of solar energy electricity production to help them enter into a more economically prosperous way of life, without having to deal with the excessive pollution of and the dangerous mining of coal, or having to worry about their ability to afford oil.
China’s Suntech, which manufactures solar panels, and California’s eSolar, which designs solar power plants, are two solar energy leaders who have said that they are seeking to make themselves and their stock holders a lot of money as they actively work with developing nations to get them the solar energy production that they need to grow.
The eSolar company says it is actively expanding its operations in Africa and has made a deal with leaders in India to put solar panels all across that nation over the next 10years. Suntech is teaming up Pakistan’s alternative energy board to bring non-fossil fuel energy en masse to that nation.
The Europeans, meanwhile, are planning to spend $400 billion Euros to light up their continent with the sunlight of the Sahara Desert. This plan, however, has been met with sharp criticism.
Presently, the world’s leading alternative energy market for investors is Germany, with the United States and China quickly catching up. But perhaps the day will come in the not-so-distant-future when Ghana, Nigeria, South Africa, India, and Pakistan are just like Germany for alternative energy investors.
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Developing nations have right to seek energy from sun. Whether they can afford to have it is the question developed nations should answer for, it is them (Devloped nations) who are mainly responsible for the present state of climatic conditions. They should help the developing nations by providing tecnology for Renewable Energy resources or help their efforts in research for the same. Developing nations have to strive for reaching their goals.