Fossil Fuel Prices and Solar Energy
All products, including wind turbines and traditional solar PV modules, require energy to fabricate, transport, and install. Most of today’s solar PV is manufactured using a lot of energy supplied from the burning of coal.
PI Energy’s Development Milestone Plan
PI Energy is advancing its P4 solar cell development in two key parameters: increasing area and efficiency.
PI Energy on Electric Vehicles
PI Energy solar PV on electric vehicles can extend vehicle range with passive charging, reduce the requirements for charging infrastructure, and perform well at high temperatures while reducing cost.
US DOE Solar Targets
The DOE Clean Energy Future brief concluded that simply to meet current decarbonization goals for US electricity generation, the rate of solar deployment in the US “would need to accelerate to three to four times faster than its current rate by 2030”.
PI Energy and Expanding Renewable Energy
Renewable energy today only makes up only about 6% of primary energy consumed globally. The current rate of growth for clean energy is insufficient to meaningfully mitigate climate impacts, and without significant changes in the underlying technologies of today’s renewable energy, it could take many decades to reach an energy transition.