Next-generation photovoltaics may be able to address one of the largest barriers to the green transition: intermittency. Both solar and wind energy, which make up the largest portion of global green energy capacity, are intermittent in nature and cannot generate electricity 24/7. As a result, current renewable energy infrastructure is reliant on complementary energy storage to store energy when production peaks and release it into the grid when demand is high but production is low.
As the next generation of photovoltaic energy is being developed, many enterprises like American Fusion Inc. (OTC: AMFN) are also engaged in developing other alternative sources of clean energy that can address market needs without contributing to the intermittency problem. This dual approach—improving solar technology while pursuing consistent clean energy sources—could reshape the energy landscape.
The implications for the industry are significant. If next-gen photovoltaics can reduce intermittency, the need for massive battery storage systems may decrease, lowering costs for utilities and consumers. For businesses in Long Beach and surrounding areas, this could mean more reliable renewable energy options and potential savings on electricity bills. Moreover, advancements in energy storage and generation could attract investment and create jobs in the clean energy sector.
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