Renewable Energy: Breakthroughs Around The World

The year 2024 has been remarkable for significant advancements in the renewable energy sector. These improvements help reduce carbon emissions and drive the sustainable development of the global economy. In this article, we will highlight some of the most notable advancements.

Outstanding technological innovations

Energy storage technology

Solid-state batteries: Technology has substantially progressed, enhancing performance and reducing energy storage costs. Companies like QuantumScape have made significant strides in developing solid-state batteries that can store twice as much energy as traditional lithium-ion batteries. Specifically, after 1,000 charge cycles, these batteries retain 95% of their capacity.

Solar energy

Perovskite solar cells: In 2024, there has been a breakthrough in using Perovskite materials to create solar cells with higher efficiency and lower costs. Research from the University of Oxford shows that Perovskite solar cells can achieve up to 29% efficiencies, significantly higher than traditional solar cells.

Solar tracking systems: Solar tracking systems have been enhanced with AI technology, optimizing sunlight absorption throughout the day. This technology is now widely deployed in Europe and North America solar farms.

Highlight projects

Offshore wind farms

Dogger Bank Wind Farm (UK): This is the largest offshore wind farm in the world, with a capacity of up to 3.6 GW, enough to power over 6 million households annually. The project not only makes a substantial contribution to the national grid but also creates thousands of local jobs.

Desert solar projects

The Red Sea Project (Saudi Arabia): One of the largest solar energy projects globally, featuring 750,000 solar panels. This project helps Saudi Arabia reduce its dependence on oil and contributes to its goal of becoming a renewable energy hub in the region.

Many innovations and major projects boost renewable energy development

Advancements in the renewable energy sector in 2024 will significantly contribute to building a sustainable, emissions-free future. From advanced storage technologies and large-scale solar and wind projects to robust supporting policies, all efforts are focused on a common goal: protecting our planet and ensuring sustainable development for future generations.

Vu Phong Energy Group

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