Axial Vector Energy Corp. (AXVC.PK) Takes Action to Combat Rising Energy Demand
The world population continues to rise and more devices are requiring greater amounts of power to operate at full capacity. This dilemma further escalates when one considers the rising middle class around the work, increasing the demand for power. This trend can continue, but only if there are renewable sources of energy to replace the energy drawn from quickly depleting oil fields. The United Arab Emirates (UAE) is a prime example of the soaring power demand. Vipin Sharma, Tripp Lite vice president for EEMEA and India sales, stated, “The swelling demand for power in the UAE is being fuelled by…