Prosperity through philanthropy
- January 9, 2023
- Posted by: OptimizeIAS Team
- Category: DPN Topics
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Prosperity through philanthropy
Subject : Environment
Context: Billionaires can help increase farmers’ income by funding solar trees on their farms.
Solar tree:
- A structure that incorporates solar energy technology on a single pillar, like a trunk of a tree is known as a Solar Tree. It may be a functional power generator or a solar artwork.
Purpose of Solar Tree:
- The purpose of Solar trees is to enhance the architecture and landscape they complement, usually in a public or commercial place, and to bring visibility to solar technology.
- The objective of installing many solar trees is to promote understanding, awareness, and renewable energy adoption. They are not commonly used as a primary source of energy for a property as rooftop solar systems provide that energy.
- Solar trees complement rooftop solar systems or other green building initiatives, symbolizing larger investments and their environmental benefits.
- Solar trees can promote solar technology enthusiasm and awareness while also providing shade and meeting spots.
Significance and potential of solar trees:
- These Solar Trees can be aligned with Agriculture for substituting price-volatile fossil fuels.
- Installing one’s own solar tree can help save up to 15% on electricity.
- Each Solar Tree has the potential to save 10-12 tons of CO2 emissions being released into the atmosphere as Greenhouse Gases when compared with fossil fuel-fired energy generation.
- Besides, the surplus generated power can be fed into an Energy Grid.
- This Agricultural Model can provide a consistent economic return and help the farmers counter the effects of the uncertain variations in Agriculture related activities, thus, making farming an Economic and Energy Sustainable practice.
- The solar tree also has the capability to incorporate IOT based features,i.e. round-the-clock CCTV surveillance in agricultural fields, real-time humidity, wind speed, rainfall prediction and soil analytics sensors.