In 2021, ESG (Environmental, Social, and Governance) goals increased among companies due to demand from investors, consumers, and policy makers. According to the MSCI World ESG Leaders Index, in 2021, stocks for companies among the MSCI World ESG Leaders Index rose by 22% compared to 15% for companies who are not among ESG leaders. Similarly, according to the Sustainable Investments Institute, support for social and environmental proposals among shareholders increased from 27% to 32% in the past year. According to Peter Novelli Media Company, 80% of Americans believe companies have a responsibility to help solve the climate crisis and 75% of Americans have a more positive image of companies that prioritize climate action. As ESG goals continue to expand, companies must find ways to achieve these goals.

SolBid, Inc. is composed of hard-working individuals, each with their own unique story. Today, we are putting the Spotlight on Vansh Patel, Software Engineer Intern here at SolBid.

Researchers from Princeton Universitys Engineering School developed the first perovskite solar cell with a commercial viable lifetime. Perovskites (PSCs) are lightweight and flexible semiconductors with a crystalline structure. Between 2009 and 2022, research has helped increase the efficiency of perovskite solar cells from 3% to over 25%. Perovskite solar cells are currently unavailable on the commercial market due to their fragility and lack of long-term durability.

The Federal Energy Regulatory Commission (FERC) released a plan that would expedite the connection of solar, wind, and battery projects to the energy grid. Long wait times for projects to connect to the grid and high grid upgrading costs, according to Canary Media, are currently preventing hundreds of gigawatts of clean energy projects from being connected to grids. These challenges have posed significant obstacles for the development of renewable energy projects around the country.

SolBid, Inc. is composed of hard-working individuals, each with their own unique story. Today, we are putting the Spotlight on Austin Brown, Business Development Associate here at SolBid.

Jobs in the clean energy sector are steadily increasing, according to the Environmental Defense Fund, due to increased demand for clean energy and efficient technology, falling technology costs, and supportive investments. Due to the necessity of meeting sustainability targets, jobs in the solar industry are rapidly expanding both domestically and abroad. According to the National Solar Jobs Census, the solar job market is predicted to grow from over 230,000 jobs in 2020 to around 400,000 workers by 2030.