Blog – What is next for Solar Panels
Solar panels become a key area as part of clean energy. There are many problems that require attention before solar panels can play a key part of the electrical grid.
1. Solar Panel - https://www.northernminer.com/fast-news/bank-of-america-sees-further-upside-potential-for-silver-in-2021/1003825311/
2. Solar Stock - https://finance.yahoo.com/news/10-best-solar-energy-stocks-131437005.html
3. Health risks - https://www.chathamhouse.org/publications/the-world-today/2021-10/solar-panels-dark-side
4. Risks - https://www.roofingcalc.com/solar-panel-pros-and-cons-plus-cost-benefit-analysis/
5. Supply - https://www.americanprogress.org/issues/security/reports/2021/10/04/504512/creating-domestic-u-s-supply-chain-clean-energy-technology/
6. Grid issues - https://www.usnews.com/news/best-states/new-mexico/articles/2021-10-09/supply-chain-problems-threaten-utilitys-power-supplies
7. Resilient supply chain - https://pv-magazine-usa.com/2021/10/04/why-the-u-s-would-gain-from-a-domestic-renewable-energy-supply-chain/
8. Trade and Tariffs - https://www.spglobal.com/platts/en/market-insights/latest-news/electric-power/100721-us-solar-industry-frozen-by-proposed-tariffs-on-modules-swinerton-renewable-chief
9. Raw materials - https://www.canarymedia.com/articles/solar/whats-behind-solars-polysilicon-shortage-and-why-its-not-getting-better-anytime-soon
10. Innovation - https://www.worldfutureenergysummit.com/en-gb/future-insights-blog/solar-investment-and-innovation-outpaces-supply-problems.html
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos
3. AGENDA
Load factor
Cost per Kilowatt Hour
Silica
China and USA – Solar Panels
Roofing and Solar Panels
Monitoring Solar and Wind Power
Solar / Energy Outlook
Oil and Gas / Renewables
ESG Reporting
Environment
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4. LOAD FACTOR / SOLAR
Source - https://www.energy.gov/ne/articles/what-generation-
capacity
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5. SOLAR CELL
EFFICIENCY
Source - https://www.greenmatch.co.uk/blog/2014/11/how-efficient-are-solar-panels
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6. TOP FIVE SOLAR COUNTRIES
Source - https://www.nasdaq.com/articles/the-top-five-nations-leading-in-solar-energy-
generation-2021-08-17
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1.China
2.USA
3.Japan
4.Germany
5.India
7. COST PER KILOWATT
HOUR
Source - https://ourworldindata.org/grapher/levelized-cost-of-
energy?country=~OWID_WRL
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14. INNOVATION
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Source - https://www.bnnbloomberg.ca/solar-startup-born-in-a-garage-is-beating-china-to-cheaper-
panels-1.1649774 or https://money.cnn.com/2015/05/11/investing/solar-stocks-first-solar/index.html
15. SOLAR PANELS AND ROOFING
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Blog - 2020 Fatalities for US Roofers Increased 15% as Solar Roof Installations Increase
In the 2020 US Bureau of Labor National Census of Fatal Occupational Injuries report, the data shows roofers
accounted for 111 of the 5,333 fatal injuries that occurred in 2019. This is up 15% from 2018’s figure of 96. -
https://www.linkedin.com/posts/paul-young-055632b_2020-fatalities-for-us-roofers-increased-activity-
6818493381468057600-kGk-
https://www.nextbigfuture.com/2021/07/2020-fatalities-for-us-roofers-increased-15-as-solar-roof-installations-
increase.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+
%28nextbigfuture%29
Other concerns with solar panels
Blog – Solar Panels – What is Next? - https://www.linkedin.com/pulse/blog-solar-panels-what-next-paul-
young/?published=t
16. MONITORING OF WIND AND SOLAR ASSETS
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Blog - Digital technology advancements propel solar and wind farm inspection transformation.
SANTA CLARA, Calif. — Frost & Sullivan’s recent analysis, Advancements in Digital Technologies for Solar and
Wind Farm Inspection, finds that technology advancements have drastically changed solar and wind farm inspections.
Their deployment enables access to the required data and helps with visualization, ensuring process, performance, and
resource optimization. Despite experiencing the adverse impact of COVID-19 in 2020, the expected resumption of
delayed projects in 2021 will drive the solar and wind farm inspection market.
As a result, the demand for digital technologies such as augmented reality/virtual reality (AV/VR), big data, drones,
robots, digital twin, etc., will gain momentum worldwide. By the end of this year, the additional capacity of wind
power and solar photovoltaic (PV) is estimated to reach 6.90 GW and 10.80 GW, respectively.
https://www.canadianmanufacturing.com/environment-and-safety/digital-technology-advancements-propel-solar-and-wind-farm-
inspection-transformation-270741/
Monitoring asset as part of mitigating issues related to operational issues is becoming key for both the private and public sector:
Maximo monitoring solutions - https://www.ibm.com/products/maximo/energy-utilities
Data and AI can also help with analysis of information - https://ibm.box.com/s/i7efp948qvb5l8bt96y8sigsup8yes2u
Maximo with Cognos Analytics - https://www.ibm.com/support/pages/node/6457837
17. SOLAR AND ENERGY
OUTLOOK
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Emissions
New wind and solar power capacity build will increase globally in
2021, but economic recovery, gas-to-coal switching, and low fossil
fuels prices will drive energy sector carbon dioxide emissions 1.4
gigatons (4.4%) higher year on year in 2021, S&P Global Platts
Analytics said Dec. 11.
Source - https://www.spglobal.com/platts/en/market-
insights/latest-news/electric-power/121120-global-co2-emissions-
expected-to-rise-in-2021-despite-renewable-energy-growth
Manufacturing of Solar Panels
Innovation / Solar Power
1. Floating solar farms (aka ‘photovoltaics’)
2. BIPV solar technology
3. Solar skins
4. Solar Fabric
5. Photovoltaic solar noise barriers (PVNB)
Source - https://www.solarreviews.com/blog/solar-panel-
technologies-that-will-revolutionize-energy-production
Analytics and Big Data Solar
IBM Energy Storage - https://www.research.ibm.com/5-
in-5/energy-storage/
IBM Big Data and Power Grid -
https://www.energydigital.com/smart-energy/ibm-
tackles-big-data-deliver-advanced-power-grid
Analytical tools
Planning Analytics (Financial Planning and Analysis) -
https://ibm.box.com/s/l00j4h6sbomv4uue9p8bgj72h9
mxiys1
Cognos Analytics (Reporting and Analysis) -
https://ibm.box.com/s/fh9cns7sk3ffwhsqhazqpndz1kj3
mqbk
Close, consolidate, and reporting -
https://ibm.box.com/s/xrfyxhb28iulofxr9mqfzirvaw0ho
vz2
18. OIL AND GAS /
RENEWABLES
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Source - https://www.powerengineeringint.com/oil-and-gas-energy-transition/oil-majors-
attracted-by-economic-competitiveness-of-renewables/
19. ESG / REPORTING
Here is my update on ESG reporting. Both the private and public sectors continue to expand reporting in areas like
environmental, social, and governance.
https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnce
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20. BLOG – SOLAR PANELS
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https://www.bloomberg.com/news/articles/2021-07-05/solar-power-is-dirt-cheap-and-about-to-get-even-more-
powerful?utm_medium=social&utm_campaign=socialflow-organic&utm_content=climate&cmpid=socialflow-
twitter-climate&utm_source=twitter
I am all for cleantech if issues are addressed:
Maximizing load factors
Recycling of turbines, EV batteries, solar panels, etc.
Reducing the reliance on China
No direct government subsidies
Mitigating fire risks from improper installation of solar panels
https://www.slideshare.net/paulyoungcga/what-is-next-for-the-solar-industry-250182134
21. ENVIRONMENTAL ISSUES WITH SOLAR
PANEL
1. Waste management - https://www.wastetodaymagazine.com/article/solar-panels-landfills/
2. Recycling of solar panels - https://www.theearthandi.org/post/germany-faces-a-tidal-wave-of-solar-
energy-waste
3. Recycling - https://www.technologyreview.com/2021/08/19/1032215/solar-panels-recycling/
4. Recycling - https://www.ajudaily.com/view/20210819160954181
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Notes de l'éditeur
Source - https://www.azocleantech.com/article.aspx?ArticleID=332 or https://www.pv-magazine.com/2020/08/20/consolidation-continues-for-polysilicon-makers/
Source - https://www.azocleantech.com/article.aspx?ArticleID=332 or https://www.pv-magazine.com/2020/08/20/consolidation-continues-for-polysilicon-makers/ o https://www.scmp.com/economy/china-economy/article/3138513/us-bans-imports-solar-panel-material-chinese-company-over
Source - https://www.pv-magazine-australia.com/2021/09/10/australian-start-up-sets-25-54-efficiency-record-for-silicon-cell/ or https://pitchbook.com/profiles/company/234680-59#funding