Solar energy: Some technological advances that seem promising
The next decade could also see the emergence of artificial photosynthesis, the holy grail of solar energy research. We describe a pick of some advances that seem promising.
That does not mean that solar energy market is not growing or technology is not advancing fast enough. A report two months ago by TechNavio, part of the market research firm Infinity Research, predicted a 15.3% annual growth for the industry in the next three years.
A McKinsey report published six months ago was even more optimistic, saying that solar cell cost will continue to drop 10% every year till 2020, by which time 400-600 gigawatt of capacity would have been added globally. Solar technologies also form an active area for research. A large number of new technologies are entering the market, thereby decreasing the dominance of silicon photovoltaics.
One of most promising is thin film: projects in India are using it heavily already and technology is rapidly advancing in this field. Also in the works are new solar thermal technologies, plasmonic solar and all-carbon solar cells, not to speak of new system designs and manufacturing techniques. The next decade could also see the emergence of artificial photosynthesis, the holy grail of solar energy research.
We describe a pick of some advances that seem promising.
| |
Carbon Solar
| |
The Stanford method could lead to cheap and flexible solar panels, while the MIT method could be combined with silicon technology to make more efficient solar cells.
| |
Why should solar cells remain aloof in an increasingly 3D world? MIT researchers have demonstrated that stacking them in three dimensions can help produce 20 times more power per square foot than using flat panels.
This and other 3D designs could help solve one of the most serious drawbacks of solar electricity: requirement of a large surface area.
Thin Film
| |
This means that you could coat anything - phones, wristwatches, cars - with this material and they continue generating electricity. Infra-red radiation is present everywhere. Even at night.
Cheaper Solar Cells
The process for making silicon wafers requires expensive equipment. Silicon -Valley-based Crystal Solar has now demonstrated a commercial process that skirts the wafer step, by making thin solar cells directly out of gas. This is supposed to cut by half the capital cost and energy use for manufacture. Expect a commercial launch by 2014.
| |
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.