The semiconductor industry: An ever-expanding market, essential to our everyday life. But what trends have we seen in 2021, especially in the shadow of the Covid-19 pandemic? Covid-19 put enormous pressure on all supply chains, with closures of manufacturing plants leading to shortages across numerous sectors. The technology sector especially suffered, with laptops, tablets, smartphones, and other high tech device demand skyrocketing as people were furloughed or working from home.
The increase in consumers working from home, due to the coronavirus pandemic, means that connecting with one another online has never been so important. Consumers and businesses alike are always looking for the best performance internet and connectivity, the optical fibre market is increasing at a faster rate than ever before. There is no sign
COVID-19 has impacted industries across the globe, and solar has been no exception. The outlook for solar has changed dramatically, with the US seeing a 38% decline in employment of workers in the field through June 2020 compared to 2019 (SEIA). However, as the world is finding a “new normal” within which to work, the
The semiconductor industry is famous for being a cyclical industry, due to the relatively short lifespan of semiconductor items, where technology becomes obsolete quickly when new and faster applications are developed. Upswings in the industry occur when advances are made, causing high demand and short supply of the advanced products. On the flip side, oversupply
Solar prices have been declining rapidly over the last 10 years, making the renewable energy source more and more affordable, globally. According to Bloomberg New Energy Finance (BNEF), solar and wind power have already reached grid parity in a number of European countries, China, and the State of California (PV Magazine). The key drivers behind
Myth 1: Solar Panel Manufacturing is Environmentally Damaging Studies by the NREL (National Renewable Energy Laboratory) have shown that the payback period in terms of energy production vs. production cost is actually <4 years. Aside from the relatively low cost of production and quick payback period, the NREL concluded that the average US household with
Kelvin Ross reported on June 20th 2019 for Renewable Energy World that renewables (wind and solar) now are the least expensive option for adding power generation capacity in 2/3rds of the world. Further drops in costs will see renewables powering nearly 50% of the global grid by 2050, and will get ~$9.5 trillion of investments
Betsy Lillian reports for Solar Industry that the US Trade Representative (USTR) has announced a major update in the Section 201 trade ruling, namely that bifacial solar modules will be exempt from the tariff. The notice was published by Jeffrey Gerrish on the 12th of June, and states that (1) bifacial panels, (2) flexible fibre
An article posted on the University of Manchester’s website reports that a team of scientists at the University have solved the initial degradation of solar cell efficiency. Prof Tony Peaker explains that “during the first hours of operation, after installation, a solar panel’s efficiency drops [around 2%]”, a phenomenon known as LID (light induced degradation).