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Solar investment outstrips all other power forms: IEA

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Solar investment outstrips all other power forms: IEA


Solar investment outstrips all other power forms: IEA

by AFP Staff Writers

Paris (AFP) June 6, 2024






More money is pouring into solar power than all other electricity sources combined, with investments set to reach half a trillion dollars this year, the world’s top energy research body said Thursday.

The International Energy Agency (IEA) forecast in a report that global investment in clean energy this year will hit $2 trillion, twice the amount going to fossil fuels.

It said combined investment in renewable power and grids overtook the amount spent on fossil fuels for the first time in 2023.

“Clean energy investment is setting new records even in challenging economic conditions, highlighting the momentum behind the new global energy economy,” IEA executive director Fatih Birol said in a statement accompanying the agency’s annual World Energy Investment report.

Companies and governments worldwide are raising spending on clean energy production to reduce the carbon emissions from burning fossil fuels that are driving deadly climate change.

The report said improving supply chains and lower costs were driving up investment in forms of so-called clean energy, which include solar panels, wind turbines, electric cars and heat pumps, as well as nuclear power generation.

Combined investment in renewables and nuclear for electricity generation is now set to reach 10 times the amount going to fossil-fuel power, led by solar, with China investing the biggest share.

“More money is now going into solar PV (photovoltaic panels) than all other electricity generation technologies combined,” the report said.

Solar panel costs have decreased by 30 percent over the past two years and in 2024 “investment in solar PV is set to grow to $500 billion as falling module prices spur new investments.”

By comparison, global upstream oil and gas investment is expected to increase by seven percent in 2024 to reach $570 billion, following a similar rise in 2023.

The IEA warned however of “major imbalances and shortfalls in energy investment flows in many parts of the world” where clean energy projects remain prohibitively expensive.

Excluding renewable energy giant China, the $300 billion invested by emerging and developing economies remained “far below what is required to meet growing energy demand in many of these countries”.

“More must be done to ensure that investment reaches the places where it is needed most,” Birol said.

The IEA said that meeting medium-term global goals to reduce harmful carbon emissions would require investment in renewable power to be doubled worldwide by 2030.

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Breakthrough new material brings affordable, sustainable future within grasp

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Breakthrough new material brings affordable, sustainable future within grasp


Breakthrough new material brings affordable, sustainable future within grasp

by Rashda Khan for Canepa News

Houston TX (SPX) Dec 23, 2024






While lithium-ion batteries have been the go-to technology for everything from smartphones and laptops to electric cars, there are growing concerns about the future because lithium is relatively scarce, expensive and difficult to source, and may soon be at risk due to geopolitical considerations. Scientists around the world are working to create viable alternatives.

An international team of interdisciplinary researchers, including the Canepa Research Laboratory at the University of Houston, has developed a new type of material for sodium-ion batteries that could make them more efficient and boost their energy performance – paving the way for a more sustainable and affordable energy future.



The new material, sodium vanadium phosphate with the chemical formula NaxV2(PO4)3, improves sodium-ion battery performance by increasing the energy density – the amount of energy stored per kilogram – by more than 15%. With a higher energy density of 458 watt-hours per kilogram (Wh/kg) compared to the 396 Wh/kg in older sodium-ion batteries, this material brings sodium technology closer to competing with lithium-ion batteries.



“Sodium is nearly 50 times cheaper than lithium and can even be harvested from seawater, making it a much more sustainable option for large-scale energy storage,” said Pieremanuele Canepa, Robert Welch assistant professor of electrical and computer engineering at UH and lead researcher of the Canepa Lab. “Sodium-ion batteries could be cheaper and easier to produce, helping reduce reliance on lithium and making battery technology more accessible worldwide.”

From Theory to Reality

The Canepa Lab, which uses theoretical expertise and computational methods to discover new materials and molecules to help advance clean energy technologies, collaborated with the research groups headed by French researchers Christian Masquelier and Laurence Croguennec from the Laboratoire de Rea’ctivite’ et de Chimie des Solides, which is a CNRS laboratory part of the Universite’ de Picardie Jules Verne, in Amiens France, and the Institut de Chimie de la Matie`re Condense’e de Bordeaux, Universite’ de Bordeaux, Bordeaux, France for the experimental work on the project. This allowed theoretical modelling to go through experimental validation.

The researchers created a battery prototype using the new material, NaxV2(PO4)3, demonstrating significant energy storage improvements. NaxV2(PO4)3, part of a group called “Na superionic conductors” or NaSICONs, is designed to let sodium ions move smoothly in and out of the battery during charging and discharging.



Unlike existing materials, it has a unique way of handling sodium, allowing it to work as a single-phase system. This means it remains stable as it releases or takes in sodium ions. This allows the NaSICON to remain stable during charging and discharging while delivering a continuous voltage of 3.7 volts versus sodium metal, higher than the 3.37 volts in existing materials.



While this difference may seem small, it significantly increases the battery’s energy density or how much energy it can store for its weight. The key to its efficiency is vanadium, which can exist in multiple stable states, allowing it to hold and release more energy.



“The continuous voltage change is a key feature,” said Canepa. “It means the battery can perform more efficiently without compromising the electrode stability. That’s a game-changer for sodium-ion technology.”

Possibilities for a Sustainable Future

The implications of this work extend beyond sodium-ion batteries. The synthesis method used to create NaxV2(PO4)3 could be applied to other materials with similar chemistries, opening new possibilities for advanced energy storage technologies. That could in turn, impact everything from more affordable, sustainable batteries to power our devices to help us transition to a cleaner energy economy.



“Our goal is to find clean, sustainable solutions for energy storage,” Canepa said. “This material shows that sodium-ion batteries can meet the high-energy demands of modern technology while being cost-effective and environmentally friendly.”



A paper based on this work was published in the journal Nature Materials. Ziliang Wang, Canepa’s former student and now a postdoctoral fellow at Northwestern University, and Sunkyu Park, a former student of the French researchers and now a staff engineer at Samsung SDI in South Korea, performed much of the work on this project.



Research Report:Obtaining V2(PO4)3 by sodium extraction from single-phase NaxV2(PO4)3 (1 < x < 3) positive electrode materials


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Pioneering advancements in solid-state battery technology for energy storage

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Pioneering advancements in solid-state battery technology for energy storage


Pioneering advancements in solid-state battery technology for energy storage

by Riko Seibo

Tokyo, Japan (SPX) Dec 23, 2024






Recent strides in solid-state battery technology are setting the stage for a transformative era in energy storage. These advancements hold promise for revolutionizing electric vehicles and renewable energy systems through improved performance and safety. A focus on electrolyte innovation has been key to this progress, enabling the development of high-performance all-solid-state batteries (ASSBs).

A new review paper provides a comprehensive summary of advancements in inorganic solid electrolytes (ISEs), materials that are central to ASSBs. Researchers examined the roles of oxides, sulfides, hydroborates, antiperovskites, and halides not only as electrolytes but also as catholytes and interface layers, which collectively enhance battery performance and safety.



“We highlighted the recent breakthroughs in synthesizing these materials, honing our attention on the innovative techniques that enable the precise tuning of their properties to meet the demanding requirements of ASSBs,” said Eric Jianfeng Cheng, associate professor at Tohoku University’s Advanced Institute for Materials Research (AIMR). “Precise tuning is crucial for developing batteries with higher energy densities, longer life cycles, and better safety profiles than conventional liquid-based batteries.”



The review also delves into the electrochemical properties of ISEs, including ionic conductivity, stability, and electrode compatibility. Researchers evaluated current ASSB models and suggested emerging strategies that could drive the next generation of energy storage solutions.



However, challenges persist in the development of ASSBs, notably the limited compatibility between ISEs and electrodes, which can trigger interfacial reactions. Addressing these compatibility issues is vital to improving battery efficiency and longevity. The review outlines these challenges and provides insights into efforts aimed at overcoming them.



“Our comprehensive review underscores the importance of continued research and development in the field of solid-state batteries. By developing new materials, improving synthesis methods, and overcoming compatibility issues, current efforts are driving innovation toward practical ASSBs that could transform how we store and use energy,” Cheng added.



Research Report:Inorganic solid electrolytes for all-solid-state lithium/sodium-ion batteries: recent developments and applications


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Buried interface engineering drives advances in tin-lead perovskite solar cell efficiency

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Buried interface engineering drives advances in tin-lead perovskite solar cell efficiency


Buried interface engineering drives advances in tin-lead perovskite solar cell efficiency

by Simon Mansfield

Sydney, Australia (SPX) Dec 20, 2024






A team led by Prof. Meng Li from Henan University’s School of Nanoscience and Materials Engineering has unveiled an innovative approach to overcoming stability and efficiency challenges in tin-lead (Sn-Pb) perovskite solar cells. The researchers’ work focuses on optimizing the buried hole-selective interface using a specially designed self-assembled material, offering major implications for single-junction and tandem solar cell technologies.

Tin-lead perovskites are valued for their narrow bandgap properties, which position them as key materials for producing high-efficiency solar cells. However, energy level mismatches and degradation at the buried interface have constrained both their performance and long-term stability. Addressing these issues, Prof. Meng’s team designed a boronic acid-anchored hole-selective contact material, 4-(9H-carbazole-9-yl)phenylboronic acid (4PBA).



Compared to conventional materials, 4PBA demonstrated superior stability and compatibility at the substrate surface. Its high adsorption energy of -5.24 eV and significant molecular dipole moment (4.524 D) improved energy level alignment between the substrate and perovskite layer, facilitating efficient charge extraction. Additionally, the interface engineered using 4PBA improved perovskite crystallization and substrate contact, reducing defects and non-radiative recombination.



These advancements enabled Sn-Pb perovskite solar cells incorporating 4PBA to achieve a power conversion efficiency (PCE) of 23.45%. The material’s reduced corrosiveness also mitigated the degradation effects typically caused by PEDOT:PSS, a widely used hole-transport material, enhancing chemical stability and storage durability. The cells retained 93.5% of their initial efficiency after 2,000 hours of shelf storage.



“This approach offers a practical path to enhancing both the efficiency and stability of Sn-Pb perovskite solar cells, addressing energy level mismatches and interfacial stability concerns,” the research team commented.



The findings provide a foundation for advancing efficient and stable Sn-Pb perovskite solar cells and highlight the importance of interface engineering in next-generation photovoltaic technologies.



Research Report:Buried Hole-Selective Interface Engineering for High-Efficiency Tin-Lead Perovskite Solar Cells with Enhanced Interfacial Chemical Stability


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