The global robot population is growing at what some might say is an alarming rate.
As well as the countless millions already tucked away in factories and homes everywhere, there could be another 2 million added to that number by the end of the decade, which may or may not coincide with the end of humanity’s control over the planet and a ceremonial transfer of power to the robots and artificial intelligence.
Investors are increasingly excited about the prospects for much faster growth in the solar power industry in Southeast Asia, which has until now been a backwater for renewable energy.
They say that the region is in a perfect position to benefit from rapidly declining prices in solar panels. It has strong economic growth, relatively high costs of electricity and a shortage from traditional sources, undeveloped infrastructure in more remote areas, plenty of sunshine, and backing for more renewable energy from many of Southeast Asia’s governments.
“Dramatically falling costs for solar energy technologies means businesses and governments are choosing renewable energy not for environmental reasons but for economic ones,” said Roberto De Vido, spokesman for Singapore-based Equis, one of Asia’s biggest green energy-focused investment firms with $2.7 billion in committed capital. “It simply makes good business sense. And that’s a trend that’s not going to change.” Continue reading Solar power revolution ‘unavoidable’ in Asia, says industry expert
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