Benefits of Renewable Energy in Rural Areas

Charles “Chuck” Hinckley is a New York-based executive and works as a managing partner at CC Hinckley Co., LLC in Old Saybrook, Connecticut. At the company, Charles Hinckley provides clients with investment banking services. He has a keen interest in renewable energy projects, including solar and wind power projects.

The advantages of renewable energy go beyond lowering global carbon emissions. Manufacturing, constructing, and operating renewable energy components and installations may help rural communities with limited economic possibilities.

The development of wind farms generates several temporary employment opportunities. Locals who make an effort to learn new skills may be able to find work on additional wind farms in the vicinity. After completing wind projects, people may find new employment opportunities in operation and maintenance positions.

Landowners may also profit from payments for the usage of their land. Since turbines have a modest footprint, farmers may still sow their crops without suffering any downtime. Revenue from wind farms helps reinvest in the local community as a whole.

Setting up solar projects in rural areas can boost job opportunities. Landowners can lease or sell their land to construct solar power plants. Apart from landowners, people with small homes also can benefit from solar power. They can install solar panels on their rooftops, which helps reduce their power bills.

After installing solar power plants, solar companies need workers to maintain and operate the installed plants. So, jobs are there even after installation, which boosts the local economy.