Sustainable Ecopreneurship: Solar Energy Solutions in Commercial Real Estate
Journal Title: American Journal of Economics and Business Innovation (AJEBI) - Year 2023, Vol 2, Issue 3
Abstract
This study delves into the rapid trend of integrating solar energy into the realm of business operations, providing valuable insights into the readiness of provincial business establishments and commercial building owners to embrace solar energy as a viable alternative power resource. This study examines the landscape of factors influencing the adoption of solar energy. These pivotal variables, namely, the comfort of tenants, competitive advantage, and cost-effectiveness, are all identified as central drivers within the thriving commercial real estate industry, signifying a promising shift towards solar energy adoption in the province of Pampanga. The result from the study affirms the paramount importance of tenant comfort, a factor inextricably linked with enhanced profitability. Additionally, the study illuminates the strategic significance of maintaining a sustainable environment, serving as a formidable competitive advantage. By embracing sustainability, businesses can unlock an array of economic benefits, rendering solar energy adoption inherently cost-effective. In sum, the interplay of these independent variables signals a robust relationship poised to usher in the widespread adoption of solar energy as a sustainable alternative power resource. As a prudent and forward-looking recommendation, this study underscores the compelling case for provincial commercial real estate entities to actively embrace the integration of solar panels into their operations. By doing so, they can champion both environmental responsibility and economic viability, reaping the rewards of a progressive and eco-conscious approach.
Authors and Affiliations
Kristina Marie Nalus
Keywords
Related Articles
- EP ID EP731124
- DOI https://doi.org/10.54536/ajebi.v2i3.2146
- Views 39
- Downloads 0
The Intersection in Marxist New International Politics and Derrida’s Philosophy: A Meta-Analytics Inquiry of Its Impacts on Western Macro-Economy
The current economic structure in the West is presented in this study as the product of a meeting of Marxist and Derridean ideas. In the light of this intersection and their variance, this study aims to contrast the econ...
Dynamic and Static Effects of Digital Services Trading on Economic Growth of World Regions
The study examines the effect of digital services trading on the economic growth of panel data from five (5) world regions, namely, Africa, Asia, Latin America, Europe, and the Organization for Economic Cooperation and D...
The Guarantee Pricing and the Analysis of the Automotive Branch Insurance Profitability in Tunisia
The presented study thoroughly investigates the technical profitability of the Tunisian automobile insurance market using a quantitative research approach with interpretivism as its foundation. The study aims to offer in...
Testing an Adapted Technology Acceptance Model (TAM) for Factors Influencing E-Commerce Adoption - A Lesotho Consumers’ Perspective
The purpose of this study is to investigate the factors that influence E-Commerce adoption from a Lesotho consumers’ perspective and further classify these under a cluster of either enabling or inhibiting factors of the...
The Regime Changing Behavior of Exchange Rates and Stock Market Prices of Selected Emerging Countries: An application of the Markov Switching Vector Autoregressive model (MS-VAR)
This article aims to analyze the dynamic relationship between stock market returns and exchange rate movements for emerging countries (Brazil, Argentina, Mexico and India), from January 2005 to December 2021, using Marko...