Solar Market Outlook in Canada
The forecast is bright for the future of the solar energy sector in Canada. In particular, the year 2020 was a promising one for the Canadian solar energy market and it has built a solid foundation for more solar growth in 2021.
The Canadian Renewable Energy Association released a statement citing that the renewable energy market in Canada – not just solar – saw significant expansion in 2020 and it is looking to build on that momentum for 2021 moving forward. This was impressive considering the challenges that faced them in 2020 given the pandemic. For 2020, the total solar capacity reached 2,000 MW, giving Canada sufficient energy storage.
The consistent growth in the solar market is fueled by the increased corporate demand and the policies put in place by the government. Even with the disruptions of 2020, Canada was able to generate 70 MW of solar PV capacity. The three levels of government in Canada will work together to reduce carbon emissions and to facilitate growth in solar PV capacity.
Wind and solar combine to form the largest share in Canada’s renewable energy sector in terms of power generation.
Solar Energy Equipment Supply Capacity in Canada
Canada is one of the leaders in the manufacture of solar equipment. However, there are more available global and online suppliers to cope with the demand for solar components and accessories.
Top Major Seaports & Logistics in Canada
There are more than 500 seaport facilities in Canada. However, the major seaports serving trade and logistics activity include
- Port of Vancouver,
- Port of Halifax,
- Port of Montreal,
- Port of Prince Rupert,
- Port of St. John.
Lithium Ferro Phosphate Battery
What is a Lithium Ferro Phosphate Battery?
Lithium Ferro Phosphate Battery is also known as the Lithium Iron Phosphate Battery. There are two electrodes made of Graphite and Lithium Iron Phosphate.
Lithium-ion batteries have a discharge voltage of 2.5 Volts. The maximum output charge per cell is 3.65 Volts.
Lithium-ion batteries are widely used in electric vehicles and are the alternative to fossil fuels.
Applications of Lithium Ferro Phosphate Battery?
Lithium reserves are present in abundance in various parts of the world. Lithium Ferro Phosphate batteries are environmentally friendly and help to reduce the carbon footprint of the population. From Solar power storage to EVs, the Lithium Ferro battery market is expanding rapidly.
Solar Power: Power generated from the PV cells gets stored in the LiFePO4 cells with higher electrical potential. Cells are directly connected to the battery to use with the LEDs.
Electric Vehicles: One of the latest and big applications of Lithium-ion batteries is electric vehicles. Car manufacturers use LiFePO4 to increase safety and reduce weight per kW.
Domestic Energy needs: Lithium Ferro Phosphate batteries get used in home solar power storage. These batteries are highly safe and with low discharge rate.
Advantages of Lithium Ferro Phosphate Battery?
- Apart from being environment-friendly, Lithium Ferro Phosphate batteries have a long life.
- Elements like Lithium are present in large quantities on the earth. Therefore supply for production is not a problem.
- The cost of these batteries is lower than other types of batteries.
- Because of their chemical stability, LiFePO4 batteries are safer than other batteries.
- Nominal voltage is nearly the same as lead-acid batteries. That makes them compatible with many gadgets and power systems.
How does a Lithium Ferro Phosphate Battery work?
Batteries produce current by the movement of free electrons in the circuit. The chemical process inside the battery triggers when positively charged lithium ions move from the positive side to the negative side through the electrolytic solution. The movement of electrons starts in the circuit, and the current flows in the opposite direction of the electrons.
What are some top brands of Lithium Ferro Phosphate Battery?
Below are the top manufacturers of Lithium Ferro Phosphate Batteries in the USA.