Recent energy investments by the World Bank and Softbank total $400 Billion. This huge investment is just a drop in the bucket compared to the amount needed to begin to mitigate climate change. To me, the saving grace is that these investments and expert reports do not consider the impact that quantum dot solar cells will have. I am not blaming them – they did not know that the first such factory would start construction last month in Assam, India. Yes, I know nothing is proven yet. As a former employee of the company that owns the technology and IP, I understand the potential of QDSC. Inorganic QDSC by R2R production could eventually reduce the cost of solar watts/square meters by 10X. To solve global warming the goal must be to make Solar Energy a commodity, not just incremental cost reductions.
A recent report,
Solar PV to grow 65-fold by 2050, 2°C target will be missed by a long shot – report
https://lnkd.in/g3CApkh
The report says solar will be very successful but fall short of filling the world’s needs. “The figures suggest that the world is heading towards a level of warming of 2.6°C above pre-industrial global average levels in the second half of this century,”