Korea-born, Eindhoven-based Joon & Jung‘s Origami Solarcell is a polygonal low-energy LED lamp that is completely powered by the sun’s energy. The pendant lights are made from a flexible photovoltaic material that is folded into a 3D lamp using origami techniques. The flat-pack multi-faceted lights are still in the prototype stage, but we hope to see these innovative, energy-efficient designs hit store shelves in the near future.
Please forgive us the journalistic conceit of collecting these year-end trends — it’s a necessary evil we all put ourselves through. In solar, this year is a bit more nerve-wracking than last. Here are ten trends in a particularly dynamic and pivotal year that will echo into 2012.
The company today announced it raised $14 million in series C funding to commercialize a product that will draw electricity from solar hot water collectors. It will also make small chips able to convert heat from car exhaust pipes and industrial machines into electricity.
GMZ Energy, which was spun out of the Massachusetts Institute of Technology and Boston College in 2008, has created an improved material for converting the energy in heat into electric power. The process works in reverse so an electric current will produce heat.
Thermoelectric materials have been used for years in a few applications, such as heated seats in cars and portable coolers. Now a number of companies are trying to make them less expensive and more efficient at the heat-to-electric power conversion.
Google’s Renewable Energy Portfolion: $915m
Google has announced yet one more investment in clean energy (just following Warren Buffett’s two big solar power acquisitions). This time, they are investing $94 million into 4 different solar photovoltaic (PV) projects being built by Recurrent Energynear Sacramento, California. The combined PV projects have a capacity of 88 megawatts and will provide their electricity straight to the grid, unlike Google’s previous investments in rooftop solar PV. They should generate enough electricity to power about 13,000 US homes.
This is, clearly, not a definitive analysis showing that renewable energy such as wind and solar lower electricity rates (or make them increase more slowly), but it is a pretty darn good argument in their favor! And it is also a great piece to share with anyone who thinks renewable energy raises the cost of electricity. Add in the health benefits, job creation benefits, grid security benefits, and environmental benefits and my hunch is that any analysis on the matter would tell us, “Hey, it’s about time we put the Big money into renewable energy!” (More on wind costs and solar costs (.. and solar costs) you might want to take a look at.)
Despite dropping its internal solar technology development, Google continues to put money into solar power.
Assistant treasurer Axel Martinez said today that Google will invest $94 million into four commercial solar photovoltaic projects alongside private equity firm KKR. Google is investing equity in SunTap Energy, an entity created by KKR for solar investing.
The projects themselves are operated by Recurrent Energy, a company which specializes in commercial and utility solar photovoltaic projects. With a generating capacity of 88 megawatts, they will produce about 160 megawatt-hours per year, or enough to power 13,000 homes.
Scientists designing the next generation of solar cells are trying to do away with waste heat.
Two research groups this week reported advances in a technique to capture a portion of the sunlight’s energy that’s normally lost as heat. The advances are aiming toward a breakthrough in how much light can be converted to electricity on a solar cell.
In a paper published in Science, researchers at the National Renewable Energy Laboratory (NREL) reported developing tiny crystals a few nanometers in size, called quantum dots, that are able to capture high-energy photons that today’s solar cells don’t.
The pace of solar energy development is accelerating as the installation of rooftop solar water heaters takes off. Unlike solar photovoltaic (PV) panels that convert solar radiation into electricity, these “solar thermal collectors” use the sun’s energy to heat water, space, or both.
China had an estimated 168 million square meters (1.8 billion square feet) of rooftop solar thermal collectors installed by the end of 2010 — nearly two thirds of the world total. This is equivalent to 118,000 thermal megawatts of capacity, enough to supply 112 million Chinese households with hot water. With some 5,000 Chinese companies manufacturing these devices, this relatively simple low-cost technology has leapfrogged into villages that do not yet have electricity. For as little as $200, villagers can install a rooftop solar collector and take their first hot shower. This technology is sweeping China like wildfire, already approaching market saturation in some communities. Beijing’s goal is to reach 300 million square meters of rooftop solar water heating capacity across the country by 2020, a goal it is likely to exceed.
While the passage of time makes solar cost competitive for many Americans right now, the question of cost competitiveness is not a simple one for solar. It depends on location, installation costs, and what kind of power solar is competing against. In Africa, solar has already become cheaper than kerosene in many locations. And now Renewable Energy News reports that solar is becoming cheaper than diesel generators in India as French-company Solardirect has bid to supply the energy grid with solar power at a rate cheaper than the average for diesel generators:
Home solar company SunRun has taken a look at what we can expect from the solar industry in 2012. According to SunRun, adoption among mainstream consumers will grow as solar prices continue to drop. At the same time, the industry will see significant consolidation and enduring leaders will emerge. Here is a list of SunRun’s predictions: