World's Largest Solar Project Goes Online: Project Features 5.26 Million panels extending as far as the eye can see. These are Bifacial panels that use 2X the typical amount of Silver
There is no shortage of desert sand to reflect the sun. The two sided panels use twice the amount of Silver. No shortage of sand, but massive shortage of Silver
Solar panels that use twice as much Silver as typical solar installations.
Introducing the groundbreaking 3.5 GW Midon solar plant in China, a beacon of innovation in the solar energy industry.
These panels, known as bifacial panels, are a marvel of efficiency. They capture solar energy not only on the top side but also on the flip side, where the sand reflects the sun, making them twice as effective as typical solar panels
It features monocrystalline bifacial double-glass PV panels and 129 miles of transmission lines.
There are 5.26 Million panels in this ONE PROJECT
The panels extend as far as the eye can see.
China Activates World's Largest Solar Power Plant
In a significant milestone for renewable energy, China has officially activated the world's largest solar power plant. Located in the northwestern province of Qinghai, this massive facility spans an impressive 609 square kilometers (235 square miles) and boasts a staggering capacity of 3.3 gigawatts (GW).
Key highlights of the project:
The plant can generate up to 6 billion kilowatt-hours of electricity annually
It has the potential to power approximately 2.5 million households
The facility is expected to reduce carbon dioxide emissions by 5.2 million tons per year
Project Overview
China has activated the world's largest solar power plant in Qinghai Province
It covers an area of 56 square kilometers (21.6 square miles)
The plant uses bifacial solar panels to maximize energy capture
The plant uses bifacial solar panels to maximize energy capture
It incorporates tracking systems to follow the sun's movement
The facility includes a 202.86 MW/MWh energy storage system
The project contributes significantly to China's renewable energy goals
Economic Benefits
The plant created over 17,000 jobs during construction
It's part of China's strategy to boost economic development in the region
The project showcases China's leadership in solar technology and renewable energy
Future Implications
This mega-project demonstrates the potential for large-scale solar installations
It sets a new benchmark for renewable energy projects worldwide
The plant's success may inspire similar initiatives in other countries
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Yesterday we reported that the Silver shortage is impacting manufacturers scrambling to get their hands on Silver in an environment where Silver vaults are experiencing Massive Outflows:
Monday we wrote:
The weekly inventory report of the Shanghai Gold Exchange has just been released.
Inventory indicates a massive outflow of 215,355 kg of silver last week.
215,355 Kilograms is Approximately 7.6 Million Ounces of Silver
To put this large number into perspective:
7,595,570.85 ounces is equivalent to about 474,723.18 pounds.
This is roughly the weight of 60 adult African elephants or about 108 average cars.
China’s industrial silver consumption has exceeded 90%
With photovoltaic silver consumption exceeding 5000 tonnes.
And electrical electroplating silver consumption exceeding 3000 tonnes.
Resulting in a significant increase in total demand.
Seems like a lot of Silver right?
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A US company (with new solar technology) scrambles in desperation to grab as much Silver as they can get their hands on.
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Silver skyrocketing today
Silver Demand Spiking
Top 5 uses
Military—We started by reporting on Torpedoes. Soon, we will supplement the military's use of Silver by examining Silver in other weapon systems.
Aerospace - Silver is irreplaceable in the aerospace industry, with its use in silver plating, silver circuitry, and hundreds of other applications in space stations, spacecraft, satellites, and other vehicles. Its versatility in these high-tech applications is truly intriguing.Solar is the #3 use of Silver, as you've been reading in hundreds of other publications here.
Batteries, EVs, fuel Cells, and the total transition to the net zero envelope will be a silver-powered future.
AI data centers are the straw that broke the camels back. AI and their corresponding data centers are dependent on solar power plants because of government subsidies and its the fastest way to obtain energy without the permitting hassle of gas and coal fueled power plants. Solar power plants in remote areas are reportedly less expensive than diesel powered generators.
If you want to invest in AI (then the best way to do so is through investing in Silver)
Silver Powered Future
RE PV Energy or Solar Panels: There is no mineral in existence that can be used in lieu of Silver (for maximizing UV energy, reflectivity & conductivity)
ChatGPT requires 15 times more energy than a traditional web search
AI data centers don’t have time to wait on coal or gas power plants because this is the new Arms Race.
Silver is on the Brink of Extinction and with the AI Genie out of the Bottle we’re prepared to say there will be no more Silver by 2025-2026 (without investing in Silver mining)
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