According to a review by the SUN DAY Campaign of data just released by the U.S. Energy Information Administration (EIA), renewable energy sources provided almost 23% of the nation’s electrical generation in 2022.
The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026, growing at a CAGR of 20.5% from 2019 to 2026.
Solar energy is the radiant energy emitted from the sun, which is harnessed by using various technologies such as solar heating, photovoltaic cells, and others. It is an efficient form of unconventional energy and a convenient renewable solution toward growing greenhouse emissions and global warming.
While global events have handicapped many industries over the past couple of years, solar power is one area that’s continued to go from strength to strength. With continued innovation in the application of solar technology—and, of course, falling costs—solar power has managed to endure the pandemic better than most, but what can we expect going forward.
As 2022 comes racing towards us, we wanted to cast our minds ahead and look at what the near future has in store for solar energy.
A team of researchers highlights in an article published in Coordination Chemistry Reviews the potential of covalent organic frameworks (COFs), a new class of light-absorbing materials, in solar-to-fuel production.
When Alexander the Great invaded India, its kings sent him a peace offering not of gold or silver, but of the country’s steel, highly prized for making weapons.
