Scenario Analysis A Solar Panel Manufacturer

2005 words - 8 pages

Executive SummaryNews articlesArticle 1New Solar Cell is completely hybrid material and record efficiencyABC news, 1/6/2013The big brains at the Monash University have developed a ground breaking solar cell that has three desirable featuresVery high light absorption and efficiencyMostly made of cheap plastic and uses minimal semiconductor materialFlexible texture"These solar cells surpass the usual light-trapping capability for absorbing materials," says Howard Walowitz, the brain behind the new technology, the light-trapping limit of a material refers to how much sunlight it is able to absorb. The polymer arrays absorb up to 96 percent of incident sunlight at a single wavelength and 85 percent of total collectible sunlight due to the large surface area it offers. Each of the silicon wires (30 and 100 microns in length and only 1 micron in diameter) is a good solar cell on its own, and the light that isn't absorbed is scattered and then hits other wires. The high light absorption and the basic design greatly enhance the efficiency of these solar panels thereby giving a 30 percent conversion of the solar energy into the usable electric energy.The technology combines Nanotechnology with the use of polymers to come out with this radical design. The cells resemble the nanowire-based solar panels at the microscopic level but the costly and toxic 'indium gallium phosphide' with cheap polymers and a bit of silicon (2%).The flexible design adds to its advantage as they can be manufactured to fit various applications. The solar panels also work well when they are scaled up to the size of regular solar panels with high operating voltage.The new technology with its novel features solves most of the problems with the conventional silicon wafer based solar panels. Its high efficiency and use of cheap material will eventually make it the most cost effective solution for renewable energy. Given the thrust for cleaner energy source worldwide, there is huge potential for this technology.Article 2Carbon pricing - A reality nowThe Australian, 1/8/2012Putting end to all the speculations over the time frame and architecture of the carbon pricing framework, the Australian government today announced the arrival of the carbon pricing. The implementation was delayed by a month due to some adjustments made to the cost structure. The plan was to introduce the tax at the beginning of this financial year. The delay apart, it is already being hailed as the saviour by environmentalists, while the some sections of the industry complain that it puts them on back foot as compared to international competition.The government had earlier unveiled the key principles of the government's climate policy today, saying a fixed price would be placed on carbon pollution from July 1 this year. However, due to some resistance offered by the export community, some amendments to afore mentioned plans.The cost structure would be a fixed tax three years before the full emissions trading scheme is...

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