In the future, one of the most prominent of energy resources on which the world may have to depend on is Solar Energy. The solar market has been on fire. In the U.S., it’s grown by 600 percent over the past five years, culminating in 3,313 installed megawatts in 2012. This past March, seven solar projects added the only new utility power of any kind to the U.S. grid.
But solar energy isn’t quite cost-competitive yet. Bridging the final gap requires breakthroughs that increase efficiency while cutting costs. Here are some upcoming solar technologies which can increase the efficiency of conserving solar power.
Conical Solar Panels: Even for photovoltaic (PV) panels, there’s such a thing as too much sun when cells overheat, they become less efficient. V3Solar solved that problem with Spin Cell, a conical array that floats on magnets. An outer cone made of specialized lenses concentrates bands of sunlight on an inner cone covered with PV cells. The cells capture light energy but spin away before thermal energy can transfer. This constant cooling means V3Solar can use cheaper, less heat tolerant material than other light-concentrating systems. For greater power density, V3Solar plans to sell a Power Pole with Spin Cells arranged to minimally shade one another. The first commercial Spin Cells, slated for 2014, should produce about 1,000 watts of electricity. The inner cone of PV uses about 10 watts to spin.
Drape the Planet with Solar Fabric: Would embedding solar cells in every bolt of fabric make a dent in our fossil-fuel consumption? It’s worth a shot. Greg Nielson, a Sandia National Laboratories researcher and 2012 POPSCI “Brilliant 10″ honoree-has developed solar glitter that could turn nearly any surface into a power source. Clusters of the dust-size cells (as small as 250 microns across) could be incorporated into standard PV panels, doubling their efficiency, or into the material for bags and clothing. Solar couture is also a future goal of the New York City firm Pvilion, which produces power-generating fabric for larger-scale commercial applications. Its flexible panels can be as efficient as rigid ones but far easier to manipulate into structures like canopies for electric-vehicle- charging stations. Pvilion engineers are currently designing a covered footbridge in Florida and curtains for a building in New York City—in both cases, the fabric will power lighting for the entire structure—and a 124,000-watt solar facade membrane for a new U.S. embassy in London.
Beyond Batteries: In order to deliver steady power, renewable energy systems require storage a place to temporarily offload electrons. Facilities for compressed-air energy storage last much longer than grid-scale batteries. They use power produced during off-peak hours to compress air into underground caverns and then release it through a turbine to generate electricity when demand is high. LightSail Energy made that process mobile and modular by designing air-storage tanks that fit inside shipping containers. Plus, the company uses water to capture waste heat and boost efficiency.
Arrays That Mimic Plants: Concentrated solar farms typically use heavy duty steel drives and motors to direct sunlight from rows of giant mirrors (called heliostats) onto a central tower. San Francisco based Sunfolding devised a way to get the job done far more cheaply. Inspired by plants, which use tiny shifts in internal pressure to crane toward the sun, engineers designed Sunfolding’s heliostats to use compressed air to pivot into position. Made from plastic, the miniature drive system can be mass-produced at one fifth the cost of conventional models.
In today’s age of competition, every country aims for independence when it comes to energy. Even a developed country like the US has not yet achieved it. But at last its energy independence in terms of oil may be close.  Experts predict that oil exports will surpass imports for the first time in 2014 and it is forecasted that by 2030 U.S could become nearly self-sufficient.  North America could see the same results by 2018.
But will all this independence stop climate change? Engineers will need to clean up hydraulic fracturing and squeeze more power from solar, wind, water, and waste.
