Since Russia's invasion of Ukraine, the rapid rise in fossil-fuel energy costs, and the rise in global inflation that punishes consumers and businesses worldwide, business and political leaders have been looking to invest in alternative energy sources. Wind, solar, and hydroelectric systems dominate these energy alternatives, with solar taking the lead. With leaders stepping into the mix, you may be wondering, "how can I get in on renewable energy investments?"

One of the simplest ways to get involved with renewable energy is to invest in traditional stocks and companies. With this strategy, you can invest any available working capital in a viable renewable energy fund or company. According to The Motley Fool, a financial website dedicated to assisting investors, renewable energy stock will benefit your portfolio for decades. For example, the iShares Global Clean Energy ETF (ICLN), a global exchange-traded fund that invests in solar, wind, and other clean energy companies, increased by 119.93% between March 2019 and March 2022. From March 2019 to March 2022, the value of another comparable stock, Brookfield Renewable Partners (BEP), increased by 132.87%. These value increases highlight why renewable energy is a wise investment for future earnings.

Another way to invest in solar is to invest directly in solar projects. If you own commercial property, now is a better time to install solar photovoltaic panels directly on roofs, fields, or parking lots you own. This provides enormous benefits to your commercial properties by lowering your electrical costs, increasing your net operating income (NOI), increasing brand reputation through "green" branding, and increasing the value of your property through forced appreciation. Solar has been shown to boost rental income and lessee retention in commercial spaces. Furthermore, the federal government and various states and municipalities offer tax breaks and incentives to businesses that go solar. As a result, solar energy is a viable renewable energy investment for commercial property.

Solar generates additional revenue for any construction-related company, such as general, electrical, or roofing contractors. By offering solar as a service, you can assist your current customer base by giving them the option to install solar on future or existing projects.

SolBid makes it simple for commercial properties and service-based businesses to invest in renewable energy through our paired software and solutions.

Renewable energy, in general, has become a suitable and healthy investment in the general energy market. Now is the ideal time for businesses to capitalize on an ever-changing and promising energy solution that is revolutionizing the energy markets worldwide.