Innovative paths for providing green energy for sustainable global economic growth

Abstract

According to United Nation, world population may reach 10.1 billion by the year 2100. The fossil fuel based global economy is not sustainable. For sustainable global green energy scenario we must consider free fuel based energy conversion, environmental concerns and conservation of water. Photovoltaics (PV) offers a unique opportunity to solve the 21st century's electricity generation because solar energy is essentially unlimited and PV systems provide electricity without any undesirable impact on the environment. Innovative paths for green energy conversion and storage are proposed in areas of R&D, manufacturing & system integration, energy policy and financing. With existing silicon PV system manufacturing, the implementation of new innovative energy policies and new innovative business model can provide immediately large capacity of electricity generation to developed, emerging and underdeveloped economies.

Emerging role of photovoltaics for sustainably powering underdeveloped, emerging, and developed economies

“…If about 20% of the world's population is considered as a single market, then the only solution to provide electricity to most economically disadvantaged populations must have two attributes [15]: (1) The energy source must be very inexpensive and practically impossible to deplete. (2) The distribution infrastructure must be composed of microgrids and nanogrids.…”

“…Electricity generation by photovoltaics (PV), popularly known as solar panels, is going to revolutionize energy production in a manner similar to the role of computer chips in bringing about the information revolution. From both economic and environmental considerations, PV can provide sustained global economic growth [11][12][13][14][15][16]. The objective of this paper is to argue that PV is ready to transform the electricity infrastructure in all three types of national economies.…”

Photovoltaics: Emerging role as a dominant electricity generation technology in the 21^st century

“…In order to avoid future meltdowns of global economy and to provide sustained economic growth, existing dominance of fossil fuels must be reversed. [5] The increased use of renewable energy sources, and increased energy efficiency can provide global economic growth. Hydro-energy, bio-mass energy and geothermal energy are partially renewable and can play a small role in sustainability.…”

Review of Microcrack Detection Techniques for Silicon Solar Cells

“…As compared with the 35 GW markets of 2013, the PV market with a value of US$155.5 billion is projected to grow to 61.7 GW by the year 2018 [3]. The past success of the PV industry indicates that, for sustained global economic growth, PV offers a unique opportunity to solve the 21st century's electricity generation problem because solar energy is essentially unlimited and PV systems can provide electricity to rich and poor alike [4]. The average selling price of PV panels has dropped to US$0.65/Wp [5].…”