FIVE ENVIRONMENTAL REASONS TO INVEST IN SOLAR
Historically, the bulk of energy used in everyday applications has been generated using fossil fuels that have a finite supply and have been proven to cause significant environmental damage and negatively impact human health. In recent decades, the finite supply of fossil fuels, coupled with mounting evidence of the adverse impact of the burning of fossil fuels has led to increased interest and investment in renewable energy technologies.
By investing in New Energy Solar, investors generate positive social impact aimed at reducing the world’s reliance on fossil fuels.
- Renewables don’t deplete natural resources. They also reduce water consumption, noise and waste, are less harmful to the land, and improve air quality. The global solar PV sector avoids annual emissions of 200 to 300 million tons of CO2 – equivalent to 75% of Australia’s annual carbon dioxide emissions.
- Renewable sources like solar could reduce any potential reliance on nuclear energy as our fossil fuel resources diminish.
- Solar is one of the most rapidly growing renewable energy sources able to generate electricity with limited environmental impact
- Despite variances in the availability of sunlight, a properly-sized and configured solar PV system can be highly reliable for long-term, fixed price electricity supply1.
- Solar plants are scalable (i.e. increased numbers of installed modules), with cost efficiencies driven by increased size.
Like all investments, an investment in New Energy Solar carries risks which may result in the loss of income or principal invested. In addition to the general risks of investing, specific risks associated with investing in the Business include residual value of investments, distribution risk, currency risk and interest rate risk. For further information about the risks of investing in New Energy Solar see Section 5 of the Offer Document.