The Economic Implication of Solar Energy for Entrepreneurial Business in Bahrain

Abstract

The main objective of the study is to analyze the effect of use of solar energy to increase the entrepreneurial business in Bahrain. The purposive sampling method was used for data collection and 100 household were selected from the ministry of electricity database which list number of households who are using renewable energy as source to generate energy and random households are using traditional resource to generate energy. The study used regression analysis for hypotheses analysis. The analysis was done in two steps, at the first step the validity and reliability were analyzed and at the second stage, the regression was analysis was conducted. The analysis has been recognized that the household has perception that if the household will used more solar energy, it will boost the local businesses in related industry. Therefore, solar energy has strong effect on entrepreneurial business growth within country. Thus, this study recommending that renewable technologies have become more efficient, which means entrepreneurial businesses can get more energy by investing in it, using renewable energy indirectly help companies improve their performance and earn higher revenue.