Building a Business Empire with my Technological System - Chapter 101 Seizing the Opportunity

Chapter 101  Seizing the Opportunity

With the formal introductions behind them, the atmosphere in the room shifted towards the business at hand. Bridget initiated the discussion.

“Minister Weber, thank you again for granting us this opportunity. SolaraTech is at the forefront of developing high-efficiency solar panels. Our technology not only promises to significantly reduce carbon emissions but also aligns seamlessly with Germany’s renewable energy ambitions.”

Michael then took the lead, clicking the remote to bring the first slide of their presentation to life on the screen behind them. The slide showcased an overview of SolaraTech’s solar panel technology, highlighting its exceptional efficiency rates, durability, and the innovative materials that set it apart from conventional options. “Our goal,” Michael continued, “is not just to contribute to a greener planet but to do so in a way that’s economically viable and sustainable for the long term. Our panels are designed to produce more energy per square meter than any other product currently available on the market.”

“Yeah…I had read everything about your technology before I met you, Mr. Reyes. But I do have some questions. You see, there was this question of why aren’t we building solar panels and placing them in the Sahara Desert. The reason is simple, there isn’t enough storage for the generated energy, and transporting this energy to where it’s needed most is a logistical nightmare. How does SolaraTech propose to address the issue of energy storage and transmission, particularly when considering large-scale deployments in less optimal climates than the Sahara?” Minister Weber asked, leaning back slightly, his gaze fixed on Michael, seeking a detailed and satisfactory response.

Michael, prepared for such critical inquiries, nodded in acknowledgment of the Minister’s concerns. “That’s an excellent question, Minister Weber, in fact, we have the technology that can store electrical energy at a huge amount, specifically for large-scale solar installations. Let me show you.” With a click of the remote, the presentation transitioned to a detailed slide on SolaraTech’s advanced energy storage solution.

The slide displayed an innovative battery storage system, designed to be highly efficient and scalable, capable of storing vast amounts of electricity generated from solar panels. “Our storage solution,” Michael explained, “utilizes cutting-edge battery technology that not only has a higher energy density but also longer life cycles compared to traditional battery systems. This makes it more suitable for storing the surplus energy generated during peak sun hours.”

Michael had anticipated this question from Minister Weber. How? In his latest podcast, he showed interest in why there isn’t a solar panel covering the Sahara Desert. Indeed, the concept of covering the Sahara Desert with solar panels is a fascinating idea that captures the imagination. The Sahara’s vast, sunlit landscape offers the theoretical potential to generate more than enough renewable energy to meet the entire world’s electricity needs. However practical considerations make this concept currently unfeasible.

Firstly, the Sahara Desert, while an ideal location for sunlight, presents significant logistical and environmental challenges. Sandstorms, for instance, can cover solar panels with dust, significantly reducing their efficiency. Regular maintenance to clean the panels in such a vast and remote area would be a logistical nightmare and economically unfeasible.

Even if we could efficiently capture and store the energy produced in the Sahara, transporting that energy to where it’s needed most—thousands of kilometers away—poses its own set of problems. The loss of energy over long transmission lines would be significant, and the infrastructure costs for such long-distance transmission are prohibitively high.

Deploying solar panels across the Sahara could also have unforeseen consequences on the desert ecosystem. The Sahara is not a lifeless wasteland but a vibrant ecosystem with its own biodiversity. Large-scale solar installations could disrupt local habitats and alter the desert’s albedo, potentially affecting regional climate patterns

So even if SolaraTech grew to the point where it’s a trillion-dollar company, it wouldn’t even try to cover the Sahara Desert with its solar panel.

“So you are saying that you not only have a high-efficiency solar panel but also a storage technology that can store the surplus energy generated effectively?” Minister Weber clarified, intrigued by the direction of the conversation.

“Exactly,” Michael affirmed. “Our integrated approach combines state-of-the-art solar panels with an equally advanced storage system. This dual focus ensures that not only can we capture solar energy more efficiently than ever before, but we can also store it for use during peak demand periods or in less sunny conditions. This flexibility is crucial for integrating solar power into the energy grid, especially in countries like Germany, where sunlight can be variable.” Follow the latest novels 𝒐𝒏 n𝒐/velbin(.)com

“I’m starting to like this technology. In fact, I have been observing your progress in the Philippines. The fact that you were able to invent such technology is astounding. I would definitely want to work with your company but I’d want a premium on our collaboration,” Minister Weber continued, shifting the discussion towards the potential terms of partnership between the German government and SolaraTech. His statement piqued Michael’s interest, prompting him to tilt his head slightly to the side. “What kind of premium do you have in mind?” The term ‘premium’ in business discussions, especially those involving governmental collaborations, could encompass a wide range of considerations — from financial incentives to exclusive access to research and development resources, or even preferential treatment in policy implementations.

Minister Weber leaned forward, clasping his hands on the table, “Given the potential of SolaraTech’s technology to contribute significantly to our renewable energy goals, we’re considering a variety of supports. This could include grants, tax incentives, and even direct investment in research and development. Additionally, we could facilitate pilot projects within Germany to showcase your technology’s efficacy on a larger scale.”

“That is definitely a huge help if we would have those premiums,” Michael said. “Though I would like to add something.” “What is it?” Weber asked.

“I want you to spearhead a campaign of introducing solar panels in Europe, preferably those that are part of the European Nation. I heard that you were part of the committee known as the Industry, Research, and Energy Committee within the European Parliament,” Michael elaborated, laying out his vision for a broader impact beyond Germany’s borders. “Your influence and advocacy for renewable energy can significantly accelerate the adoption of solar technology across Europe. We believe that with your backing, we can demonstrate the scalability and effectiveness of our technology to a wider audience.”

Minister Weber nodded thoughtfully, clearly considering the proposition. “That’s a compelling suggestion, Mr. Reyes. Europe is indeed at a critical juncture in its energy transition, and Germany aims to be at the forefront of this shift. Spearheading such a campaign could indeed catalyze the adoption of renewable energy technologies, not just in Germany, but across the continent.”

He paused for a moment, then added, “I will need to discuss this with my colleagues and assess how we can integrate this initiative with our existing policies and commitments at the EU level. However, I’m optimistic about the potential impact we can achieve together.”

“That is what I like to hear. But first, we are going to sign some documents that will seal the partnership between the SolaraTech Corporation and Germany’s Federal Ministry for Economic Affairs and Climate Action,” Michael said, wanting to seize the opportunity now.

“Very well.”