The Importance of Sustainable Industrialization
In some ways the idea of sustainable industrialization may seem like an oxymoron, likely because of the incredibly high pollution levels caused by the industrial revolution. In reality though sustainable industrialization is both a real and important thing.
The defining factor may be how you define industrialization. If you are just looking at the term through the lens of the first industrial revolution, which was heavily reliant on coal and dealt with very high levels of air and smoke pollution, it seems almost impossible that industrialization could be sustainable. However, we have come a long way since the industrial revolution and modern tools and knowledge mean industrialization doesn’t have to be a dirty word.
Let’s look at how we can make industrialization sustainable.
The argument has been made that western society cannot fairly criticize developing nations going through the process of industrialization, as we got the opportunity to better our lives and it’s unfair to deny others the same opportunity.
That being said, we now better understand the damaging effects the first industrial revolution had on the Earth and because of this we now express hesitancy and concern when developing nations start to follow our damaging path.
This is why sustainable industrialization is so important. We need a way to improve the lives of those living in developing nations without repeating our past mistakes.
Sunrise Bridge Partners understands this and may prove to be one of the major players in the next stage of the industrial revolution(s).
This investment company’s purpose is to both support companies working in sustainable industrialization and the programs that enable sustainable industrialization. This extended support is what sustainable industrialization needs to both develop and grow as a powerhouse on the world stage.
Renewable energy serves as a great example of how we can achieve sustainable industrialization.
In fact renewable energy is currently fueling industrialization in several parts of the world.
India, for example, is seeking to fuel its industrialization on solar and wind power. In fact the country is aiming to install a record number of solar projects. Businesses are eager to embrace this CleanTech innovation and are leading the way to help India meet this goal.
Mahindra Susten serves as a great example of the potential in India and its exploration of alternative energy and sustainable industrialization.
This major player in India’s solar energy market has won numerous awards (including Best Solar EPC Company and World Class Innovative Solar Enterprise) and currently powers many of the top companies.
Mahindra Susten has earned its place at the top thanks to innovations like MSAT100, a single axis solar tracker, and the technologies brought forth by MachinePulse like SolarPulse™ and WindPulseTM.
SolarPulse™ is a vital product for companies seeking to explore solar energy and its potential. The monitoring and management application uses AI to optimize the performance of solar plants.
WindPulseTM,, meanwhile, serves as a tool to help users predict generation and equipment health.
These technologies and Mahindra Susten will definitely help India go through industrialization in a sustainable way.
Perhaps one of the more interesting examples of developing nations using renewable energy to pursue industrialization can be seen in Burkina Faso.
Innovators in this country are exploring using cashews shells as a power source, in turn finding a new use for something that would otherwise just be waste.
Dakoro ran a pilot project that showed the incredible potential in the concept, using cashew nut shell waste to power a biogas-powered water-steam system. Similarly, the Cajouvalor project run by Rongead uses the nut shells to produce pyrolysis gases and to replace wood charcoal.
Using cashew shells as a power source is a unique and environmentally beneficial way to help ease people and companies off fossil fuels. Let’s hope we see more of this in the future.
Sustainable Development Goal 9 is Industry, Innovation and Infrastructure. If these three can work together we can do amazing things for the world. The fact of the matter is that making industrialization truly sustainable is going to take a great deal of innovation. The good news is many great minds across the globe are working on it and their solutions are incredible.