Solar Energy Market on the Rise Globally

 

Alexander Christodoulakis
Alexander Christodoulakis

International financier and business executive Alexander Christodoulakis oversees a number of business ventures, including the PBS SA Capital Group, which offers financial solutions in the marine and financial sectors.

Alexander’s Portland Energy Corp. in recent years managed one of the world’s largest Cleantech portfolio’s, mainly comprising of Solar and Wind portfolios under management.

The solar energy market has soared globally in recent years. In the United States, for example, the industry has seen an increasing number of records set. Production costs of solar panels and the appeal of an alternative energy source have contributed to this growth.

Analysts predict that other markets, including China and India, will likely experience surges similar to the one in the U.S. In addition, a number of Latin American countries are anticipated to pursue investments in solar energy.

With all of these nations on board, solar could account for as much as 35 percent of the infrastructure projects completed around the world by 2040. This would represent a financial commitment of more than $3.7 trillion, making solar energy one of the top industries moving forward.

Shipping Industry Cyber-attack Threats and Counter Measures

 

Alexander Christodoulakis
Alexander Christodoulakis

International financier and lead investment executive, Alexander Christodoulakis heads PBS SA Capital Group, which has primary operations in investment management and corporate management in the shipping industry. One of a few concerns of Alexander Christodoulakis’ is cyber-attack threats on the shipping industry and the counter measures needed to address it.

Like the rest of the world, the shipping industry is becoming highly digitized and interconnected. Ships are now highly dependent on GPS and sophisticated communication. The shipping industry also transfers huge volumes of data and performs transactions electronically. While this has brought about better efficiency, it also exposes the industry to hacking and cyber-attacks.

Among the steps that industry players can take to increase security include better educating personnel on the importance of following company protocols and how to detect if any form of cyber-attack is taking place. Companies may improve their parameter systems through simulated cyber-attacks as well as procure expert advice on how to properly address security breaches.

There are also steps taken in the government level. The U.S. Department of Homeland Security research group, Command, Control, and Interoperability Center for Advanced Data Analysis, is presently collaborating with cyber-security experts from around the world to research, study, and develop means to stop the increasing threat of cyber-attacks on possible targets.