Why wouldn’t everyone invest in solar? Well, for that reason exactly: it’s an investment. Although it’s praised for its low maintenance costs and long-term savings, it is still a hefty investment in terms of individual finance cost, manufacturing, and installation. The production of solar panels requires expensive raw material, such as high-grade silicon, and silver for the wiring and cells.
If the industry could just get the cost of materials down, the climate and environmental benefits would extend far beyond the energy sector.
An Australian organization called SunDrive solar recently made headlines for their use of copper wiring in solar cells, opening up the opportunity for solar production costs to plummet and increase global solar adoption.
New host David Banmiller is joined by PV Magazine Founding Editor Jonathan Gifford to examine this achievement, and what it could mean for solar.
They also explore supply chains issues, tackling NIMBYism and together they predict the Next Big Things in solar tech.
The Interchange is brought to you by Schneider Electric. Are you building a microgrid? With a microgrid you can store electricity and sell it back during peak times. Keep your power on during an outage. Integrate with renewables. Control energy on your own terms. Having built more microgrids in than anyone else, Schneider Electric has the expertise to help.
The Interchange is brought to you by Bloom Energy. Bloom’s onsite energy platform provides unparalleled control for those looking to secure clean, reliable 24/7 power that scales to meet critical business needs. It eliminates outage and price risk while accelerating us towards a zero carbon future. Visit Bloom Energy to learn how to take charge today.
View the landing page to hear all episodes of The Interchange Recharged.