While in the past we have reported on how the make up of solar cells have being altered due to research over recent years with many scientific sutudies producing solar breakthroughs it now appears that recent development facilities within the industry have been pushing the boundaries of solar cell technology even further. As stated above research within the sector is nothing new with continually increasing solar panel efficiency levels one of the driving focuses within the industry globally. Also cost is a continuing driving factor with research facilities looking to produce such high efficiency energy generating PV systems with ever decreasing cost to manufacturers and subsequently the consumers. One other areas that we have regularly discussed is the multi purpose utilization of solar in particular areas such as solar glass adoption through the use of photovoltaic film.
What Is Solar Cloth?
A quite stunning breakthrough is now being championed by a company who have the ability to as they state to apply solar cell technology into any fabric which is thus offering flexibility of greater mutilation of the technology like never before. With already ambitious statement of the ability to power small scale boats through sails lined with PV cells this is in the eyes of the research and development behind the the solar material one of the most significant breakthroughs within the industry for many years.
Limitless Power Generating Capabilities
The introduction of this structure does have numerous large scale potential globally from covering commercial property roofs to car parks, government building and more. The developers of the technology also state that large scale building coverings is also a real viable option that they have developed this green energy solution for and that it is the utilization of commercial roofs and property coverings where they see the future of this technology growing. The Substantial Benefits Of Solar Material Obviously as discussed the flexibility of the products is it’s overwhelming benefit but another key area where the technology surpasses the conventional form of PV systems is the weight of the systems. With conventional solar panels weighing between 18kg – 22kg depending on the manufacturer and solar material being as low as 3kg it’s fair to assume that this represents huge benefits for structures that previously would have been unable to either have a system deployed due to the load baring wight put also if the structure dimensions would not have been able to support the conventional rectangular shape of a system.
What Problems Will Solar Material Face?
At present one of the main problems is investment, with the development company of the material stating they are in need of significant financial backing in order to begin to scale up the offerings of the technology. At present they are looking to provide a share offering to investor with one of the main forms of investment coming via social investment in the form of with the company having up to a ten percent stake within the business available. However given the amount of potential and broader appeal the company has at an international level it’s safe to assume that a large scale industry backer would be the ideal investor. Given the continuing rise of renewable energy investment particularly solar across the last 24 months such type of an investment would not be unthinkable to occur with numerous buyouts of commercial sites and companies prevalent within the market at the moment. As such a change of tact in regards to technology as opposed to a ready built PV facility or company could be seen as an enviable investment.
Continued Market Competitiveness.
While this type of breakthrough is definitely enticing the company will be competing against a large scale of other renewable companies also competing for investors with their products. From the previously mentioned solar glass to high efficiency panels it safe to say that the renewable investment market is getting much fiercer a blue chip companies turn to the sector for good long term potential.
Does Solar Material Have Genuine Potential For Large Scale Utilization?
This is the question that at present will hinge on a number of key areas, with one of the main factors being government investment for the renewable industry. As such the a company of this type launching within the UK couldn’t be looking for government support at a more precarious time with the recent claims from the energy and renewable energy secretary that the UK will be looking to cut funding within the sector within the coming years. However at the same time they are looking for big business to fill the gap by supplying greater incentives and subsidies for companies looking to support the sector. The message from the government within the sector is far more a case of you can have our support and time but not our finances. This stance as such does represent a significant stance from the government given that at the last budget stated the energy sector within the UK was one of their main focuses going into the next election. The company have however had greater success of utilizing greater local council support for the technology with over 10 councils signing up to schemes including the solar material technology thus the coming 12 – 24 months will represent a key time within the company to see if they can meet these objectives.
Some previous related articles of interest:
How CFD’s are changing the commercial solar industry
Next generation solar development
Current innovations in solar