AoRa Development

The renewable energy sector has grown 4X faster than fossil fuels and nuclear combine over the past 7 years. The adoption of tech innovations in a new era of post-grid parity could reduce wind/solar power costs by another 26%/33% between 2020 and 2025. See Credit Suisse's research on the trend https://bit.ly/35MKQtp

Renewable energy innovation accelerates transition to net zero Technology improvements have driven significant cost reductions in renewables over the last decade, helping achieve near-global grid parity. A new round of innovations – making renewables more economical, efficient and available – is likely to accelerate the global progress towards clean energy ...

Yet another innovation in building materials. Scientists are now working on h**p rebars that are just as strong as the steel version.

H**p can be used to make rebar that’s just as strong as steel This new rebar could help buildings stand longer and create less pollution.

Last year, AoRa Development added a division to perform rehab and new construction projects for other organizations. One of the first was 551 Vandalia Ave, Brooklyn. We converted an office building into 3 individual rental units. The middle floors are set up duplex style. Finished on time and on budget.

Wood/Steel and other material prices are coming down but still much higher than a year ago. We expect the price to keep dropping but to settle substantially higher than last year. This graphic is as of May 21' from https://buildsteel.org/.