My life has taken me in many different directions.
From working as an intelligence officer for the American government to consulting for dozens of governments around the globe in the world of energy, I can’t claim that my life has been dull.
However, although my life has taken a trajectory that I may not have expected in my youth, I do truly enjoy what I do.
And when it comes to energy, there are many things that excite me.
One of the most exciting things about seeing and knowing the latest in energy is that it is a constant, ever-evolving industry.
And by that, I mean it is always working to improve itself.
These days, with the oil market in shambles (though, as I wrote last week, it is beginning its recovery), I’ve been keeping an eye on the renewable industry.
In particular, the rise of solar energy has truly astounded me in its remarkable speed and vitality…
Solar from the 1800s to Today
Solar energy has been around since the 1950s, and it had been floating around in the minds of geniuses like Thomas Edison for centuries.
It’s only been in relatively recent years that the dream of harvesting light from our sun and using it as an alternative source of energy became a reality.
Now, solar panels are typically made of silicon, as it is readily available, non-toxic, and a stable material to use to harvest energy from the sun.
Back in the 1950s, silicon solar cells weren’t particularly efficient – they only managed to turn about 6% of the light they absorbed into energy that could be used.
These days, however, that percentage has jumped to just over 20%.
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That was over 30 years of development.
In the technology world, that’s a reasonably quick advancement in efficiency.
But what if I were to tell you that there’s a new material for solar panels that has advanced twice as quickly?
Solar energy is about to get even better…
The Numbers Speak for Themselves
About the Author
Dr. Kent Moors is an internationally recognized expert in oil and natural gas policy, risk assessment, and emerging market economic development. He serves as an advisor to many U.S. governors and foreign governments. Kent details his latest global travels in his free Oil & Energy Investor e-letter. He makes specific investment recommendations in his newsletter, the Energy Advantage. For more active investors, he issues shorter-term trades in his Energy Inner Circle.
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