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Spirethoughts

Spire's six most recent Spirethoughts.

EU offers more market access to Vietnam
EU offers more market access to Vietnam
The Coronavirus spells trouble for the pharma industry in India and gl...
Will electric cars be more enjoyable to drive
Will electric cars be more enjoyable to drive?
Drones: Winging it like a bird
The World Bank’s USD212 million Green loan for Vietnam
The World Bank’s USD212 million Green loan for Vietnam
Thumbnail_A global digital currency in the works_
A global digital currency in the works

Solar energy gets a boost

Did you know that solar power can be generated using a variety of materials including Perovskites?

Perovskite – a growing class of photovoltaic material – is emerging as a good source of solar power, registering more than 20% conversion rate of sunlight into power.

Global energy demand is expected to grow by 37% by 2040. Low cost renewable sources of energy are poised to grow their share of the total energy market, as fossil fuels cannot meet the increase in demand by themselves.

Solar power is the fastest growing renewable source of energy but accounted for a dismal 0.5% of global energy demand in 2011. This clearly points to the massive room for growth.

Will Perovskites revolutionize the future of solar energy?


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E-mail: nidhi.singh@spireresearch.com

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