Analysis Of GE, Clean Energy Group and Yingli Solar Energy Company Essay

Analysis Of GE, Clean Energy Group and Yingli Solar Energy Company Profiles - Essay Example A number of studies have been taken up to assess the actual achievability and practicability of the renewable resources of energy. Issues have been raised about the concerns on sustainability of the alternative energy resources. One of them is the requirement of a detailed analysis of the suitability of the diverse technologies and expertise in the sector and efficient utilization of the by-products, and managing of natural resources. This also consists of nature conservation issues, pollution control, demand supply of energy and the social acceptance by the society. The use and viability of this technology cannot be evaluated until it has been put to use on a large and long-term scale and assess the results in the social and environmental contexts. Moreover, the complex social systems may lead to uncertainty in the minds of the project planners which might be enhanced by the lack of flexibility of the technology system to meet the demands of the social, economic systems of the socie ty. However, all these concerns related to the development of the clean energy sector will not possibly hamper the continuing growth and production in the sector and the increasing importance of maintaining sustainability in the business sector. The renewable energy sector has continued to grow along with the climate change and control issues, high rise in the prices of oil, increasing international community support and encouraging energy regulation laws. Studying the various, environmental social technological and economic benefits arising from the sector, there are a number of them which can be counted upon. Sustainable clean energy business contributes to the environment with reduced carbon emissions, deceleration in the climate, reduced flood rate, improved air quality and landfilling prospects, (Scott, 2010). Among the economic benefits, the chances of job creation, manufacturing and research – development expertise, increased supply as compared to the existing levels, higher investment in the sector are some of them. Among the social issues that may be benefitted due to a long-term sustainable clean energy business are direct employment, retention of population in remote cities, increase in the skill and expertise of the remote population that gets employed and higher quality of life. Challenges to the Clean Energy Sector In this section, the challenges to the clean energy sector shall be studied. In spite of the fast growth of the renewable energy resources, there exist many challenges. Some of them are discussed below – Reliability?†¢ The most popular renewable sources of clean energy – wind and solar are variable in nature and cannot be a reliable round the clock resources.