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Showing posts with the label Renewable

What is P50, P52 & P90 ?

P52, P53 and P90 are terms often used in the renewable energy sector, particularly in the context of wind or solar energy production analysis. These refer to statistical probability levels used in energy yield assessments to estimate the expected production of renewable projects over a certain time frame. P50 : Represents the median or "best estimate" production scenario. It means there is a 50% chance that the actual energy production will be higher or lower than this value. It is the expected average production in a typical year. P52 or P53 : These are uncommon notations, but they might represent slight variations from the median estimate, with a slightly higher probability of occurrence than P50. P90 : This represents a conservative estimate, meaning there's a 90% chance that the actual production will be equal to or exceed this value, making it suitable for financial risk assessments. In summary, P-levels like P50, P52, or P90 provide different confidence levels for

Evolution of Energy

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From the evolution of man on earth from early man to the technological geek, oil has become the major source of energy which was extracted from different sources. Some of the key sources are as follows from 18th century to till data. Energy History and the evolution of mankind from Early Man to Modern Man    The evolution of energy took place from the 15th century with the gradual development of technology. As man is developing himself from the early man stage to the highly intelligent person on the planet several technological changes took place in the development of energy and power division.  With the following time you may understand the evolution of the energy sector in the world.    18th century Industrial revolution Use of energy relied only on muscular and biomass energy (main firewood used for heating and cooking purpose Work is done with the help of labors and animals Other sources of energy such as windmills, and watermills were present but the overall contributi

Solar Cell efficiency with new polymer devices

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India is witnessing a new chapter in the growth of the renewable sector, mainly in the solar sector. Hence, any new breakthrough in the field of solar cells and solar power generation is beneficial for India. New technology is being developed in the University of Chicago within the confines of its chemistry laboratory by Professor “Luping Yu”. A new kind of solar panel was designed and manufactured which has a higher efficiency when compared with the currently running modules used for power generation. The given polymer solar cell consists of a new polymer, called "PID2". The new polymer improves the efficiency of electrical power generation by 15 per cent when added to a standard polymer-fullerene mixture. New light has been shed on solar power generation using devices made with polymers. Researchers identified a new polymer a type of large molecule that forms plastics and other familiar materials which improved the efficiency of solar cells. The group also determined th