Forget Tesla: THIS is the future of renewable energy
Dating as far back as the 1950s, solar cells have relied almost entirely on a single material to capture energy from the sun...
For decades, the chemical element known as silicon has been the most prized resource of renewable energy companies, in part because of its unique semiconducting properties.
During its prime, silicon made early investors an absolute fortune. Silicon manufacturer SunEdison, for one, provided investors with an astonishing 4,630% gain in just five years’ time. That’s enough to turn a simple $10,000 investment into nearly half a million.
But as Eli Yablonovitch, who first began working on photovoltaic cells at Exxon back in 1979, now explains, silicon is quickly becoming an "outdated technology." After decades of limited development, companies like SunEdison have toppled, while firms like SolarCity are running into a brick wall.
That’s in part because silicon has a fatal flaw when it comes to solar energy production — something you won’t hear someone like Elon Musk, who relies on them, bring attention to very often...
You see, single-layer silicon panels are still extremely limited in how much energy they can capture from the sun. They’re actually capped at a maximum efficiency limit of just 29%, meaning the vast majority of available solar energy gets lost when using them.
This means no matter what the engineers at companies like SolarCity or anywhere else ever do, traditional single-layer silicon panels will always fail to capture at least 70% of available solar energy. Those are simply the laws of physics. It’s the best they can hope for.
Even today’s most efficient triple-layered silicon cells still lose at least 56% of available solar energy... and that’s only under perfect conditions and in special labs. In practice, the silicon cells that a company like SolarCity uses today lose an astonishing 78% of available energy.
And if you think about that for a moment, it’s actually quite troubling for today’s solar companies. Imagine how that kind of inefficiency would affect any other business model.
Solar's Efficiency Problem
Imagine if Exxon, for instance, had to dump out two-thirds of every barrel of oil... or if two of every three iPhones produced never made it out of the factory.
This solar efficiency problem is particularly an issue for Tesla now that SolarCity is under its wing, and it’s one of the reasons so many other solar companies are still bleeding cash, even with years of government subsidies at their side.
But in less than a decade, these embarrassing days for solar could be gone for good. After over half a century of the industry relying on silicon, one company is stirring the pot with a little-known technology that’s poised to disrupt the solar industry... and perhaps the entire energy industry altogether...
You see, this company has recently discovered a special kind of nanoparticle — one capable of capturing and transforming light energy in ways that, just a few years ago, were considered unimaginable.
Compellingly enough, this company’s patent portfolio and licensing arrangements even grant it exclusive rights to the mass production of this nanoparticle, which has the potential to more than double the efficiency limits of silicon.
A single layer of this material has an efficiency limit of 66%. Again, that’s compared to just 29% for today’s panels.
On top of that, this material is so efficient at capturing light energy that it works both day and night, capturing energy from the sun’s rays bouncing off the moon, and even from street lamps lining the streets.
Not to mention it actually converts energy from light you and I can’t even see, from the ultraviolet and infrared spectrums.
It’s of little surprise that Forbes recently speculated this material could be "the holy grail" of solar...
Or that it’s currently so valuable it sells for as much as $2,000 a gram, nearly 30 times the price of gold.
Frost and Sullivan recently awarded the aforementioned company its annual "North American Enabling Technology Award" for this breakthrough. It also rated the firm higher than any other manufacturer in its class in the categories of manufacturing cost, mass-production capability, and potential for market acceptance.
Putting it a bit more simply, these nanoparticles make the last half-century of solar innovation look like child’s play by comparison, while the company behind them is legally protected.
As for the addressable market, Warren Buffett’s own Business Wire reports that this technology represents an annual opportunity up to $10 billion within less than a decade...
While Allied Market Research expects revenue to grow at an incredibly rapid rate of 30% every year.
Even better, these nanoparticles don’t just threaten to replace silicon in solar, but in tomorrow’s electronic devices and other applications as well.
According to media outlet Science Alert, it could “change everything about how we transmit and process information in the decades to come."
And thanks to the unique physical properties of this material, unmatched by any other technology in the world, it’s already promising to secure its place in the future of transistors, biosensors, LED displays, batteries, chemical and biological defense, and even quantum computing.
Simply put, if you're looking for a high-risk, high-reward stock story, look no further than this groundbreaking nanoparticle.
Until next time,
Jason Stutman is Wealth Daily's senior technology analyst and editor of investment advisory newsletters Technology and Opportunity and The Cutting Edge. His strategy for building winning portfolios is simple: Buy the disruptor, sell the disrupted.
Covering the broad sector of technology and occasionally dabbling in the political sphere, Jason has written hundreds of articles spanning topics from consumer electronics and development stage biotechnology to political forecasting and social commentary.
Outside the office Jason is a lover of science fiction and the outdoors, and an amateur squash player at best. He writes through the lens of a futurist, free market advocate, and fiscal conservative. Jason currently hails from Baltimore, Maryland, with roots in the great state of New York.
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