Party balloons may be the next big thing in solar power. Cool Earth has made some giant balloons with gizmos inside that will convert the collected sun and focus it onto a cell. They have been given a big chunk of moola to make 10,000 balloons to cover 80 acres in California and hopefully in a couple years be generating 10 megawatts of power.
Implications - In a society that places an increased importance on creating eco-friendly products, companies that create products that use the Earth's sustainable resources to generate energy can benefit from positive press coverage and the goodwill that is associated with companies on the forefront of environment-friendly energy.
Solving the Energy Crisis
10,000 Humongous Foil Balloons
Trend Themes
1. Eco-friendly Energy - Using the Earth's sustainable resources to generate energy can benefit companies by creating positive press coverage and goodwill.
2. Innovative Solar Power Tech - Innovative solar power technologies are emerging as a potential solution to the energy crisis.
3. Alternative Power Sources - Companies are exploring alternative power sources to reduce their carbon footprint and support sustainable development goals.
Industry Implications
1. Solar Energy Industry - The solar energy industry has immense potential for growth and disruption as innovative technologies emerge.
2. Renewable Energy Industry - The renewable energy industry is rapidly growing and expanding as more companies seek sustainable alternatives to traditional energy sources.
3. Green Technology Industry - The green technology industry is gaining traction as consumers and businesses make conscious choices to support sustainable development goals.