The last decade has been extremely exciting for renewable energy. While there is still a significant gap between where the world needs to be with renewable energy and where it currently is, there is an undeniable demand for energy efficiency and renewable energy solutions. PosiGen CEO Thomas Neyhart is at the front and center of this new clean and sustainable energy demand. The CEO has been able to anticipate the need for solutions to the renewable power supply and sustainability issues that climate change has caused. PosiGen began its campaign to provide clean, low-cost energy to homes in 2005 after Hurricane Katrina had swept through New Orleans.
PosiGen CEO Thomas Neyhart
In the wake of Hurricane Katrina, several homeowners in New Orleans began to search for clean energy solutions to make their homes more efficient and independent. PosiGen CEO Thomas Neyhart immediately observed that these solutions were only available to upper-class homes. It is safe to say that PosiGen was birthed as a solution aimed at providing clean/renewable energy to low and moderate households in New Orleans. Since PosiGen began, it has successfully been able to install 18,000 solar systems around the country. The company installs several thousand new units every year. The rate of growth of demand for solar energy-efficient solutions is a major indicator of the direction that the world is growing towards. The Energy Innovations Scenarios predicts that the U.S will need to install about 550 GW of solar power along with 750GW of wind power by 2050 to prevent mass extinction. This massive shift must happen in the next few decades, putting PosiGen in a position to provide the facilities that will be needed for this growth to occur.
PosiGen, under the leadership of Thomas Neyhart, has successfully created a renewable energy unicorn. Not only are the methods of installation and operation at PosiGen unique, but the company has also developed a unique system of billing. Thanks to the innovation of Thomas Neyhart, PosiGen bills clients monthly. The fixed monthly payments are a major relief, especially in low – to moderate-income families. Thomas Neyhart was able to eliminate the costly billing that is usually attached to the installation of solar energy systems. PosiGen initiatives are helpful, especially without Metering. The solar units generated by the PosiGen energy installations are subtracted from the total amount of Kilowatts that are used in your home. Ultimately PosiGen has created an excellent way for people to save money on energy.
Renewable Energy Development Trends According to Thomas Neyhart
Several corporations and countries have announced their plans to pursue decarbonization. This focus on Green energy has led to the creation of an organic incentive system for organizations that are yet to catch up on the renewable energy trends. In April of 2018, renewable energy supplied more power to the American national grid than coal for the first time. Major milestone events like this have proven to be markers of a gradual but consistent shift from more traditional sources of power to renewable energy. According to BloombergNEF forecasts, by the year 2050, solar and wind will power half of the globe. PosiGen CEO Thomas Neyhart explains that these indicators are some of the reasons why the sector has seen more major players spring up over the years.
There has been a considerable spike in Renewable energy as an energy source in the U.S. The 100 percent increase that the sector has experienced from 2000 to 2018 is one of several shocking growth leaps that have occurred in the energy sector. Solar generation, which is a forte of PosiGen, has been projected to climb from 11 percent of the total U.S renewable generation in 2017 to about 48% by 2050, a climb that will establish solar generation as the fastest-growing electricity source. It might be essential to mention that renewable energy does not experience these significant levels of success because of a moral shift in the world but because the sector is hugely profitable. Unlike most prominent players in the renewable energy sector, PosiGen CEO Thomas Neyhart was motivated by a duty to society and has led the organization to establish a dominant position in the sector.
Space-Based Solar Power
The PosiGen CEO has also mentioned Space-Based Solar Power as a major trend in renewable energy. Space-Based Solar Power is a leading initiative in the solar sector. Scientists have generally agreed that the best source of solar power is in outer space. While solar energy on Earth is sufficient, it is still limited. The limited access to sunlight is a result of clouds, nighttime, or any other weather-related events. By going into space, Researchers have access to an unlimited source of solar power. The Space-based Solar Power Project is a major player in the Space solar project, launched in 2013 by the California Institute of Technology. The initiative has been able to successfully develop prototypes that convey sunlight to microwave energy that is transmitted wirelessly through steerable beams. The prototype created by scientists is expected to be available to test by 2023. The attempts by sovereign nations and major corporations to conquer the final frontier of solar energy are indicative of a significant push towards renewable energy.
The Role of the PosiGen CEO in Global Solar Access
According to Bloomberg, wind technicians and solar installers are two of the fastest-growing professions in the U.S. The unique nature of the PosiGen business structure means that the company has an essential role in the push for renewable energy, especially as it relates to solar power.
The PosiGen CEO has found a creative way to provide solar power to communities, irrespective of their economic standing. Under the leadership of Thomas Neyhart, the company has produced a unique payment plan system that helps customers save money and ensures that there are apparent benefits available to customers when they move to solar power. PosiGen’s unique approach to payment includes fixed monthly payments, maintenance, and installation of energy-efficient equipment that is essential for the optimization of solar energy in homes. By creating these unique financial payment methods, Thomas Neyhart has successfully demystified the need for and provision of solar energy to homes regardless of demographic.
In addition to the technological approach of Posigen and CEO Thomas Neyhart, there is also the social impact that the company has on the community. Another major distinctive feature of PosiGen is the conscious effort that the company makes to include members of the community where installation is being carried out in the process. By providing job opportunities, PosiGen simultaneously creates a skilled workforce that is able to maintain facilities and carry out new installations with little or no hassle or supervision. Since Solar now employs more people than any other power source in the United States, it is easy to see where PosiGen comes in to offer major relief to communities where employment is low for one reason or the other.
In Conclusion
There is a general understanding that renewable energy is the way forward for the global population as the world looks to the renewable energy sector to provide solutions for the energy demand created by a shift from fossil fuel. PosiGen CEO Thomas Neyhart is able to bridge the gap for first-time users of renewable energy. Solar energy’s role in the push for renewable energy is critical, mainly because there is no way for anyone to Gatekeep the sun as an energy source. By providing low-cost access to renewable energy, PosiGen allows everyone to get on board with the push for a shift to renewable energy.
