Investment viability of Next generation OPV technology for localization


Currently global government and private industrial investments in renewable energy are ramping up due to rising climate concerns and Net-Zero commitment. Solar PV technologies are low-carbon solutions, yet the carbon footprint of conventional solar panels can be quite significant due to toxic materials and their manufacturing process. In this presentation, we’ll compare how CO2 is saved with alternative solar energy with solar panel carbon footprints. Recently, top manufacturers are trending towards a low cost, light weight, and shape transformable integrated solution. Therefore, a thin flexible printable photovoltaic cell has great potential to be the top choice for the future generation solar cell market leaders. The local R&D initiatives in OPV technology are aligned with Saudi Aramco future focus on Non-metallic materials use of its oil resources. Most of the mass of OPV type solar cell is consisted of petrochemical-based organic materials in the recent configuration. Mega Construction projects and smart city trends in GCC, will increase demands for Solar energy, which offers high potential in values chain processes, localization output, market transformation and sustained growth. it was estimated that Billions of Square meters of unused building surfaces are available for OPV type module application, most of which is not suitable for conventional Solar Panels. A business case was estimated for OPV solar module and investment opportunities were explained. We’ll discuss solar emissions impacts and discuss some local market trends on sustainable technologies in relation with localization prospects.

Currently global government and private industrial investments in renewable energy are ramping up due to rising climate concerns and Net-Zero commitment.  Solar PV technologies are low-carbon solutions, yet the carbon footprint of conventional solar panels can be quite significant due to toxic materials and their manufacturing process. In this presentation, we’ll compare how CO2 is saved with alternative solar energy with solar panel carbon footprints. Recently, top manufacturers are trending towards a low cost, light weight, and shape transformable integrated solution. Therefore, a thin flexible printable photovoltaic cell has great potential to be the top choice for the future generation solar cell market leaders. The local R&D initiatives in OPV technology are aligned with Saudi Aramco future focus on Non-metallic materials use of its oil resources. Most of the mass of OPV type solar cell is consisted of petrochemical-based organic materials in the recent configuration. Mega Construction projects and smart city trends in GCC, will increase demands for Solar energy, which offers high potential in values chain processes, localization output, market transformation and sustained growth. it was estimated that Billions of Square meters of unused building surfaces are available for OPV type module application, most of which is not suitable for conventional Solar Panels. A business case was estimated for OPV solar module and investment opportunities were explained. We’ll discuss solar emissions impacts and discuss some local market trends on sustainable technologies in relation with localization prospects.

Key words: Solar OPV, Net-Zero commitment, Localization, Sustainable, Market trends etc.

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