Power generation is going through an evolution, with energy
generation shifting from convectional coal based production to renewable
sources. Energy generated by renewable sources such as solar, wind, thermal and
hydro power is expected to increase by over 40% in the short term. Enhancements
in renewable technologies with huge investments by governments are drastically
reducing dependence on renewable energy. The cost of production of wind and
solar energy has been considerably brought down due to technological
innovations thereby competing with grid electricity.
Alternative energy providers face many of the same risks as their
counterparts within the energy sector. Institutional and infrastructural
challenges and risk, managing large-scale alternative energy facilities is
complex. As a result of these issues, tax incentives remain a particularly
important issue for alternative energy providers.
Prismane assists its clients in feasibility and market studies for
entry into the renewable energy industry. We have the capabilities and provide
our consulting services to not only develop individual concepts for small
companies and market leaders, but also support them in the implementation
phase.