Monday Feb 06, 2023

Selling Green Energy Products Online: Why And How|Alibaba.com – Alibaba.com

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What are green energy products and how can you effectively sell them online? Let’s explore how green energy products could help combat climate change and how you can switch to a more environmentally-friendly business model.

What are green energy products?

Products that use energy generated from natural resources such as sunlight, water, and wind, are green energy products.

These products frequently use renewable energy sources, and because of the need to conserve the environment in the 21st century, people are increasingly turning to use these products.

Solar products fall into two broad categories; one, solar photovoltaic-based products that produce electricity to power DC type of electrical devices, and the other, solar thermal systems that use the heat to produce heating which can be used for generating hot water or for cooking.

Wind energy depends on the strength of the wind. It comes from turbines, called wind turbines or air turbines, which convert the kinetic energy of the wind into electricity.

Hydraulic or hydroelectric energy transforms the kinetic energy of water into electricity through hydroelectric plants. Like wind or solar power, hydropower is intermittent: it depends on the flow of water (dams, rivers, streams, etc.) and on rainfall. In other words, the drier the year, the less hydroelectric energy will be produced and vice versa.

Green power energy does not pollute the environment as, unlike fossil fuels, its sources are easily renewed.

Why sell green energy products online?

Renewables were the only energy source for which demand increased in 2020 despite the pandemic, while consumption of all other fuels declined.

Fossil fuels are limited, and they have unpredictable costs. Technological advancements have helped in the production of various energy services with renewable energy sources. Moreover, the governments of many countries have started investing in the renewable energy sector. All these activities have increased growth opportunities in this sector.

The global renewable energy market was valued at $881.7 billion in 2020, and is projected to reach $1,977.6 billion by 2030, growing at a CAGR of 8.4% from 2021 to 2030.1

E-commerce is changing approaches to sustainability globally — especially in the supply chain, where companies are investing in electrification, efficiency, and eco-friendly materials, according to research from express delivery and logistics firm DHL.

Researchers say the rapid growth of e-commerce is yielding immediate opportunities to reduce emissions in the supply chain while also challenging retailers, logistics companies, and policy-makers to collaborate on ways to address environmental issues.

According to the DHL/Morning Consult survey of U.S. consumers, more than half of respondents (54%) said their online shopping habits increased during the pandemic, and the majority (60%) said they are willing to pay more for environmentally friendly products and services. What’s more, 54% said they put more trust in a company based on its public commitments to environmental sustainability, listing carbon emissions, green energy, waste, alternative fuels, and sustainable packaging as the five most important factors in helping the environment.2

Researchers said the survey results reflect the influential role supply chain sustainability will play in the competitiveness of e-commerce businesses in the future.

Environmental and sustainability awareness has long been a trend in e-commerce. In a bid to successfully address increasing demands for sustainability from their consumers, online retailers are pondering on topics like corporate social responsibility and eco-friendly approaches in the supply chain.

E-commerce companies often still have a bad reputation in …….

Source: https://seller.alibaba.com/businessblogs/px001ujbn-selling-green-energy-products-online-why-and-how

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