World’s Largest Private Bank Says Solar Power Could Dominate

World’s Largest Private Bank Says Solar Power Could Dominate

Zurich based bank, UBS, sent a briefing paper to its clients, stating the importance of clean energy. Clean energy could replace the energy from conventional fossil fuel plants and hence drives the home and business owners to generate their own power. They also predicted that by 2025, everybody will be able to generate and store power. This method is cheaper than buying power from utilities. When solar energy is not continuously available due to some factor,Electric vehicles and storage batteries could help store solar produced electricity. The UBS report says that such consumer investment will have a good return as well.