The most interesting developments in the field of science are always the new discoveries or inventions. The same applies to the renewable energy sector. It is a sector that is rapidly expanding, both in terms of investments as well as technology. Jobs being generated in this sector are also many. The most interesting aspect however is the technology.
About a few decades ago people would consider solar powered houses a theoretical concept. Over the last few years however, the open-mindedness and acceptance of modern science has multiplied. People have become much more sensitive to environment related issues and want to do their bit to reduce pollution. In an effort to lessen their carbon footprints, people all over the world have started making conscious efforts to switch to renewable energy.
Initially the question which haunted even the most progressive minds was that of costs. The renewable energy sources, including solar panels were undeniably expensive. An average household could not afford such energy consumption. Recent breakthroughs in technology have helped cut down costs a great deal. China gained popularity for its reasonably priced solar equipment. Other countries have followed her lead and are trying to reduce costs.
This bit of healthy competition that has been entered into by almost all the environment-cautious nations is beginning to yield great results. Scientists from the University of Illinois in the United States have proposed to double the efficiency of solar cells to convert almost 50% of all sunlight that falls on them!
Fifty per cent to those aware of the solar cell scenario seems almost utopian! A gold medalist innovator however claims that the cells are already motored to a 42.5% can could in the near future achieve the golden number of 50. This seems like a major breakthrough in the field of solar cells. The current average rate for those clueless about the conversions is a mere 15 per cent.
Considering that this rate is good enough to power is fully functional home, it is worth imagining what a 50% conversion rate would do. The cells work in a stacked up structure. Currently the science masterminds are experimenting with four cells piled up on top of each other. The photovoltaic efficiency rate world record was announced at a whopping thirty-five per cent.
FOSSIL FUELS BECOMING OBSOLETE (QUITE SOON):
Yeah I know that doesn’t sound much after the figure of 50 that I just recently excited you about. It is however a major step and a record that is set to be hopefully broken! If the plan for this model of conversion at almost double rate works, the exhaustible sources like fossil fuels can very well bid goodbye to their current consumers.
Yes I am aware that fossil fuels are not going to be entirely eliminated from the system, but will all the forward thinking and urge to adopt modernization globally, fossil fuels sure seem like an ancient idea. Once these marvellous technologies are efficient enough to work on large scale projects, they are bound to become more pocket-friendly than their non-renewable counterparts.
With private investors and government sponsored agencies queuing up to be the next ambassadors of renewable energy, the upcoming technologies are bound to go a long way.