Source : https://www.spireresearch.com/newsroom/spirethoughts/solar-energy-gets-a-boost/

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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