Gallum stocks will boom imo
Gallium, a fascinating element, is poised to play an intriguing role in the battery space in 2024. Let’s delve into the details:
In summary, gallium’s journey from space cells to green catalysts promises exciting developments in 2024!
- Perovskite Solar Cells in Space:
- Traditionally, space-bound solar cells have relied on gallium arsenide panels, which are durable but expensive. These panels boast an efficiency of around 30%1.
- However, the game is changing. Perovskite solar cells are emerging as a potential game-changer for space power generation. Here’s why:
- Cost-Effective: Perovskite cells are cheaper to manufacture.
- Flexible Deployment: They can be deployed on flexible polymer sheets.
- Efficiency: Perovskite cells are catching up fast in terms of efficiency and have the potential to even outperform gallium arsenide panels.
- Stability: While still a work in progress, perovskite cells have demonstrated remarkable resilience to high-energy radiation in space conditions due to their self-healing effect.
- Light Absorption: The arrangement of perovskite crystals is influenced by space temperatures, enhancing their light absorption capabilities.
- Exciting Developments:
- In May 2023, a NASA research engineer successfully tested perovskite durability on the International Space Station after a 10-month exposure.
- Researchers at the University of Sydney discovered that perovskite solar cells could regenerate themselves when damaged in space.
- The US Department of Energy’s National Renewable Energy Laboratory (NREL) demonstrated that an ultrathin protective coating of silicon oxide can safeguard perovskite cells in space.
- Your Thoughts?: What do you think about perovskite solar cells’ potential in space? Let us know in the comments below!
- Gallium Market Dynamics:
- Oversupply in China: China’s gallium production capacity reached approximately 750 tonnes in 2022, leading to escalating oversupply in the market2.
- Make-or-Break Year: Deloitte predicts that gallium will be subject to regional shortages in 2024, along with the possibility of shortages in germanium and rare earth elements3.
- Green Catalyst: Gallium also serves as a catalyst for a greener future. Researchers estimate that it can convert CO2 into oxygen and a saleable carbon flake product, useful for batteries and high-performance materials4.
Interesting facts
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