Hello and welcome to my blog! Today, I’m diving deep into an exciting opportunity for both the solar and cannabis industries. The legalization of cannabis across many U.S. states has not only boosted the economy but also triggered an increase in electricity consumption. And where does the solar industry come in? Well, it can offer a sustainable energy source, while reducing emissions and expenses.
As a solar expert, I want to shed light on the energy-intensive nature of indoor cannabis growth. Back in 2012, no state had legalized cannabis production, yet it was estimated to account for 1% of the total U.S. electricity consumption. Now, with legalization in nearly half of the states, the industry – with annual sales estimated at a whopping $31.8 billion in 2023, expected to grow to $50.7 billion by 2028 – is consuming even more power.
Guess what the primary source of electricity generation in the U.S. still is? Yes, you’re right – it’s fossil fuels, accounting for about 60% of the total. Given the high energy demands of cannabis production – around 2,000 to 3,000 kWh for a single pound, equivalent to what an average U.S. home uses in 2-3 months – the greenhouse gas emissions linked to cannabis growth are alarmingly high.
Does this mean the industry should abandon indoor production and its lucrative benefits? Absolutely not. This is where solar comes in as the knight in shining armor— solar companies can serve as partners to cannabis growers, helping to reduce emissions while also lowering electricity costs.
Let me share with you a case in point- Bright Green Corporation. Recognizing the potential, they decided to go green by investing in a 102 MW solar project to power their $250 million expansion venture in Albuquerque, New Mexico. Besides bridging the gap to a cleaner and sustainable energy source, the project could save the company “hundreds of millions of dollars” over the equipment’s 30-year lifespan.
Isn’t that incredible? The benefits of implementing solar in a major industry are clear – not only can solar companies improve the sustainability and profitability of a business, they can also help to cultivate a more environmentally friendly brand image.
If you are a cannabis grower or just interested in joining an industry committing to change, consider solar panels for your home or business. Whether you’re occupying a small home or running a large operation, a solar array for home or commercial use can be a cost-effective and green solution.
The marriage of solar and cannabis industries is flourishing, as shown by solar panels powering indoor cannabis growth effectively. As more companies realize the potential, the need for solar arrays for home operations and commercial ventures will only continue to rise. A definite ‘high’ time to be in the solar industry!
Stay tuned to my blog for more exciting solar insights.
Original Articlehttps://pv-magazine-usa.com/2024/03/15/solar-can-help-with-marijuanas-green-problem/
