Lifeboat Foundation

Musk’s latest compensation windfall, which must be certified by Tesla’s board, comes days after he offered to buy Twitter for $43 billion, with analysts suggesting he could sell Tesla shares to help finance the deal.

Musk already is the world’s richest person, according to Forbes.

Tesla reported quarterly revenue of $18.76 billion and so-called adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $5.02 billion. Combined with the previous three quarters’ results, that surpasses milestones that trigger the vesting of the ninth through 11th of 12 tranches of options granted to Musk in his 2018 pay package.

A major challenge for producers of electricity from solar panels and wind turbines is akin to capturing lightning in a bottle. Both solar and wind increasingly generate electricity amid little demand, when market prices are too low to cover costs. At noon on sunny days, for example, wholesale power prices in areas with high quantities of solar and wind occasionally fall below zero.

Some renewable energy producers store their excess electricity as green hydrogen, using the electricity to produce hydrogen from water—labeled “green” because the process emits no carbon dioxide. Used to create fuels, fertilizer, and other chemicals, the global hydrogen market is about $125 billion, and it’s growing briskly in part due to increased interest in hydrogen as a fuel for buses, trucks, and even ships. The problem is that producing hydrogen with electricity remains fairly expensive, so it’s only profitable to sell at the higher prices paid by lower-volume customers.

But now, researchers at Stanford University and at the University of Mannheim in Germany have found a possible solution: integrated reversible power-to-gas systems that can easily convert hydrogen back to electricity when power prices spike higher.

Imagine growing crops with 95% less water, or producing meat through methods that free up 80% of the world’s agricultural land. And how about eliminating the CO₂ of global supply chains by simply moving production facilities closer to customers and cutting the parts used in the final product a hundredfold? What might sound like crazy ideas are solutions available today through green technologies.

Green tech describes the technology and science-based solutions that mitigate the negative human impact on the environment in a broad range of fields from agriculture to construction. Sixteen per cent of global emissions are caused by transportation, 19% by agriculture, 27% by energy production, 31% by construction and production, with the remaining 7% caused by heating. Green technologies can be applied in all of these CO2-emitting sectors, thus offering broad solutions for sustainable growth.

The researchers behind an energy system that makes it possible to capture solar energy, store it for up to eighteen years, and release it when and where it is needed have now taken the system a step further. After previously demonstrating how the energy can be extracted as heat, they have now succeeded in getting the system to produce electricity, by connecting it to a thermoelectric generator. Eventually, the research – developed at Chalmers University of Technology 0, Sweden – could lead to self-charging electronic gadgets that use stored solar energy on demand.

“This is a radically new way of generating electricity from solar energy. It means that we can use solar energy to produce electricity regardless of weather, time of day, season, or geographical location. It is a closed system that can operate without causing carbon dioxide emissions,” says research leader Kasper Moth-Poulsen, Professor at the Department of Chemistry and Chemical Engineering at Chalmers.

Continue reading “Capturing Solar Energy and Converting It to Electricity When Needed — Up to 18 Years Later” »

PG&E announced that they have turned on their giant Tesla Megapack project with 730 MWh of capacity, and the electric grid company expects that it will “enhance the overall reliability of California’s ever-changing energy supply.”

We first learned of the project at PG&E’s Moss Landing substation when it submitted it to CPUC and the company was in talks with Tesla in 2017. It involves four separate energy storage projects, and two of them, including the one using Tesla Megapack, should become the world’s largest battery systems.

In 2018, we obtained Tesla’s proposal for the project, and it showed that the company plans to use “Megapack” instead of its usual Powerpack for large utility-scale projects. It was one of the first projects announced to use the new battery system, but the actual deployment took so much time that many more Megapack projects came online since.

Perovskites, which have shown enormous potential as a new semiconductor for solar cells, are gaining attention as well as a potential next-generation technology to also power spacefaring missions. As scientists around the globe continue efforts toward harnessing the potential of perovskites on Earth, others are looking into how well the technology might work in the planet’s orbit.

A collaborative research effort to collectively address this important issue involving scientists from the National Renewable Laboratory (NREL) lays out guidelines to test the radiation-tolerating properties of perovskites intended for use in space.

“Radiation is not really a concern on Earth, but becomes increasingly intense as we move to higher and higher altitudes,” said Ahmad Kirmani, a postdoctoral researcher at NREL and lead author of the new paper, “Countdown to perovskite space launch: Guidelines to performing relevant radiation-hardness experiments,” which appears in Joule.

Solar energy has barely scratched the surface of its potential to decarbonize the global economy in time to avert catastrophic warming.

For all the activity in the solar energy marketplace, PV technology has barely even begun to hit the global economy in full force. Huge solar arrays filled with rows of super-efficient silicon solar panels are just one piece of an expanding universe. With that in mind, here are 4 new developments that could kick the slow pace of change into high gear.

1. Distributed Solar Energy

Continue reading “The Solar Energy Multiverse Keeps Expanding: Perovskites, Shape-Shifting Molecules, & More” »

Elon Musk talks to Chris Anderson, head and curator of the TED media organisation, about the challenges facing humanity in the coming decades – and why we should be more optimistic.

They discuss climate change, clean energy, electric vehicles, the rise of AI and robotics, brain-computer interfaces, self-driving cars, the revolutionary potential of reusable rockets and the forthcoming missions to Mars, as well as the other projects he is working on.

Continue reading “Elon Musk: A future worth getting excited about” »

A German research team has developed a tandem solar cell that reaches 24 percent efficiency—measured according to the fraction of photons converted into electricity (i.e., electrons). This sets a new world record as the highest efficiency achieved so far with this combination of organic and perovskite-based absorbers. The solar cell was developed by Professor Dr. Thomas Riedl’s group at the University of Wuppertal together with researchers from the Institute of Physical Chemistry at the University of Cologne and other project partners from the Universities of Potsdam and Tübingen as well as the Helmholtz-Zentrum Berlin and the Max-Planck-Institut für Eisenforschng in Düsseldorf. The results have been published in Nature under the title “Perovskite–organic tandem solar cells with indium oxide interconnect.”

Conventional solar cell technologies are predominantly based on the semiconductor silicon and are now considered to be “as good as it gets.” Significant improvements in their efficiency—i.e., more watts of electrical power per watt of solar radiation collected—can hardly be expected. That makes it all the more necessary to develop new solar technologies that can make a decisive contribution to the energy transition. Two such alternative absorber materials have been combined in this work. Here, organic semiconductors were used, which are carbon-based compounds that can conduct electricity under certain conditions. These were paired with a perovskite, based on a lead-halogen compound, with excellent semiconducting properties. Both of these technologies require significantly less material and energy for their production compared to conventional silicon cells, making it possible to make solar cells even more sustainable.

As sunlight consists of different spectral components, i.e., colors, efficient solar cells have to convert as much of this sunlight as possible into electricity. This can be achieved with so-called tandem cells, in which different semiconductor materials are combined in the solar cell, each of which absorbs different ranges of the solar spectrum. In the current study the organic semiconductors were used for the ultraviolet and visible parts of the light, while the perovskite can efficiently absorb in the near-infrared. Similar combinations of materials have already been explored in the past, but now the research team succeeded in significantly increasing their performance.