Magnolia Solar Receives $1M To Advance Thin-Film Solar Cells

Magnolia Solar has received a US$1 million award from the New York State Energy Research and Development Authority (NYSERDA). This award is to develop advanced thin-film solar cells in partnership with the College of Nanoscale Science and Engineering (CNSE) of the University at Albany.

Magnolia Solar will work in close collaboration with faculty and scientists from CNSE’s Energy and Environmental Technology Applications Center (E2TAC) at CNSE’s Albany NanoTech Complex to demonstrate its technologies in nanostructure-based thin-film solar cells.

Professor Fred Schubert at RPI is also supporting the program, which is designed to improve energy efficiency while reducing production costs. Magnolia Solar has received a NYSERDA order for the first phase of this three-phase development program.

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Solar Thermal Energy to Heat Europe

Since heat accounts for nearly half of the overall energy demand in the European Union, the solar thermal industry will no doubt make a significant contribution to the 20% target of renewable energy set by the new RES Directive. A new Study “Potential of Solar Thermal in Europe” examines the growth that can come from the solar thermal heating and cooling sector.

In order to provide the European Union and its Member States with substantiated information on the contribution solar thermal can make to the 20% renewable energy target set by the RES Directive (2009/28/EC), detailed surveys were conducted in five representative countries: Austria, Denmark, Germany, Poland and Spain. The information gathered was then extrapolated to the 27 EU countries and the future heating and cooling demand was calculated for 2020, 2030 and 2050, taking into consideration a decline of the overall energy demand due to energy efficiency measures.

Under the most ambitious scenario, solar thermal would make up 6.3% of the European Union’s 20% renewable energy target, representing an annual sector growth rate of 26%. As a footnote, the European solar thermal market achieved a spectacular growth of 60% in 2008. By 2050 solar thermal has the potential to cover 47% of the EU low-temperature heat demand.

In terms of economic effects, the impact on employment would be considerable. In total, the solar thermal sector would provide 470.000 full-time jobs in 2020, in the European Union domestic market alone.

“The solar thermal market is expected to reach huge growth in the coming years as energy and climate policies push renewable space and water heating up the agenda,” says ESTIF President Olivier Drücke.

Many of the leading manufacturers are already increasing their production capacity and looking to expand into previously untapped markets in anticipation of further growth.

By developing new applications such as solar heating and cooling for large buildings and industrial processes, the solar thermal industry is creating new markets and proactively working towards a more sustainable society.

The study, authored by Werner Weiss (AEE Intec) and Peter Biermayr (Vienna University of Technology) is available for download at: www.estif.org.