Have you ever imagined a world where parking lots are made up of solar panels? Idaho couple Scott and Julie Brusaw came up with this high-tech idea - solar roadways - in 2006. And by Friday, May 23, 2014, the couple had raised over $400,000, which was approaching half of their $1 million goal.
The solar roadways idea sounds fascinating. The new underground panels could collect solar energy and generate electricity, which would not only limit a serious dependence of fossil fuels but could also create a new renewable energy industry.
The system is made of recycled materials and “has been designed and tested to meet all impact loading traction requirements.” The self-powered LED system inside the panels could play many roles, including parking lots, sidewalks, and outdoor recreation services. According to the design, the solar panel system could also replace hanging wires that might be easily damaged during storms.
However, some analysts point out that this project is “impractical,” and do not suggest any public or private investment in.
With these conflicting views, why not come to your own conclusions? Watch the video below from Scott Brusaw about the potential that the solar roadways project could hold.
DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure, please go to: http://www.equities.com/disclaimer