A New Battery Technology That’s a Game Changer For Solar Power Electricity
After 10 years of research and testing, a new generation of cost-effective, deep-storage battery has arrived that’s small and safe enough to sit in your basement and power your home. It may be the single most important breakthrough to date for the potential of wide-spread residential solar power electricity. The breakthrough comes from a company called Ceramatek.
Solar energy has been around for a while, but it has historically been prohibitively expensive, however costs have been recently dropping sharply due to new photovoltaic (PV) thin-film chemistry and manufacturing techniques. Some companies are reporting PV panels for under $2 a watt which is a four-fold cost reduction from the $8 it was only a few years ago. The convergence of these and other PV panel advances with this remarkable new development has profound implications for alternative energy and our dependence on fossil fuels.