Early prototypes include development of smart module technology which can be used to power remote devices or maintain the carge on a vehicle.

Why Solar?

Global Numbers:

  • 597 GW of new capacity added in 2024, bringing total installed PV to 2.2 TW.

  • Solar made up 81% of all new power additions worldwide.

  • PV now provides about 7% of global electricity - up from less than 1% a decade ago.

  • Global installed capacity is expected to exceed 7 TW by 2030.

U.S. Domestic:

  • Solar represented ~66% of all new power capacity added in 2024.

  • U.S. Installations grew ~21% year-over-year, reaching nearly 50 GWDC added in 2024.

  • Cumulative capacity is expected to double by 2026, from ~90 GW to ~180 GW.

Market Investment and Future Growth:

  • Global solar PV Market is projected to reach $600 Billion + By 2030 with an annual growth rate of roughly 10-11%