From Solar-powered Cars to Solar Panels in Houses: Growth in...

From Solar-powered Cars to Solar Panels in Houses: Growth in Renewable Sources

By Energy CIO Insights | Monday, March 04, 2019

Almost every country has confronted with the necessity for leveraging renewable sources to meet their need. Every government has undertaken important projects—such as the 'Road to Zero' project by the UK government aims at ensuring emission-free transport system by 2040—and the German government has targeted to draw 65 percent of total energy from renewable sources by 2030. The U.S. is also an important player in this scenario.

This fascination for clean energy is not only restricted to electricity but it has largely been expanded to the formation of an emission-free transport system, and as a consequence, solar-powered cars have gained tremendous traction. Statista has predicted that the global solar market will reach $422 billion by 2022.

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2018 came across a vital experiment from students of the University of NSW which redefined the potential of solar energy in the transport system. The sixth generation solar car, Violet, journeyed 600 km every day consuming 20-24 kWh and traversed a record-breaking distance of 4100 km (from Perth to Sydney). This successful journey of this car opened up new windows in the field of the emission-free transport system and the ensuing years will indeed witness exponential growth and innovation in this field.

APAC region is an important market for solar-powered cars. In 2018, China sold the highest amount of electric vehicles and exhibited indomitable use of electric buses. Shenzhen played a vital role in this regard electrifying100 percent of the busses.

In 2018, one of the most intriguing and path-breaking decisions regarding the use of solar energy was undertaken by the California Building Standard Commission (CBSC). They approved the decision that every new house will be obliged to install solar panels from 2020, and this decision is an essential step toward the fulfillment of their dreams of drawing 100 percent of their electricity from renewable sources by 2045. From Europe to the APAC region, almost every region has shown exceptional growth and has undertaken interesting projects to ensure a cleaner future.

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