Will Green Energy be a potential startup opportunity for business world?
When there
is a problem there is a rise of startup and guess what’s the current biggest
problem in the world. From America to Russia and India to China, the whole
world is now concerned about the climate change and global warming. The nations
are paving towards green energy resources and this can be potential opportunity
for startups all over the world.
Why Startups should enter in this sector?
The first
thing is the green energy companies are now considered as heroes. They always
has consumers support, people promotes this startup on their social media and
sometimes people even contributes to company. The most common example is Elon
musk, as Tesla and SolarCity are measured as companies for good cause. Besides
this the governments of most of the nations are supportive to it. Governments
even provides subsidy, startup schemes or tax reduction.
What can be the product or service?
Green
energy startup is just not mean to install hundreds of solar panels or making
electric vehicles, there are several other sectors to think about like biofuel,
biomass, hydroelectric, wind, geothermal, non-conventional energy.
Related to
these sectors you can plan your product. There is not only manufacturing the
whole product you can do but also but you can manufacture other components that
most other green energy companies may require. There are several other services
other than manufacturing like installation, maintenance, repair or consulting.
You can observe the other parts of the world, what are the other emerging
startups in green energy sector in different countries. For instance, if
there’s growing startup in Spain and they are implying any unique idea then you
studies this idea and figures out how to apply that idea in your region.
Product
efficiency can be dependable on area of operation. There may be more or lesser
resources available for required product. For instance, in country like India
there is plenty of bio-waste available from cattle therefore product involving
bio-waste can be considered.
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