SOURCE:Barclays
DESCRIPTION:
In 2015, over twice as much money was spent on renewable energy than coal and gas power combined. Despite record levels of investment and sharply falling prices for solar, wind, and hydropower energy, eighty percent of the world’s energy consumption still comes from fossil fuels. The energy sector remains responsible for at least two-thirds of greenhouse-gas emissions today.
Not only that, but 1.2 billion people around the world continue to live without access to energy at all. As the global population continues to grow, we need to get smarter about how we generate and consume energy.
Semtive, founded in Buenos Aires with an office in Silicon Valley, builds small wind turbines that function both on and off the grid in any weather conditions. These turbines need only a light breeze to activate, and they can work for individual households, businesses, and industrial applications.
Unreasonable sat down with Semtive’s CEO, Nacho Juarez, to discuss his technology’s potential to democratize and decentralize energy access for the masses.
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KEYWORDS: Energy, Barclays, unreasonable impact, Semtive, wind turbines
