Solar power is becoming more and more viable as an electricity source but it's being tested in some very exciting and "out there" applications as well. Let's take a peak into a few places beyond the rooftop and utility plants where we may use solar power in the future.
The roads of tomorrow
According to Solar Roadways, there are over 45,000 square miles of paved surfaces in the U.S., which could be generating solar energy. According to their calculations, if two-thirds of that space were filled with solar panel roads (concept shown below) using 18.5% efficient modules generating peak power for just four hours per day, then we could generate three times the electricity usage of the U.S. every year (assumptions and calculations can be found here). It may seem like a far-fetched idea but the economics are solid -- the biggest hurdle may be in designing a surface that works as well or better than asphalt or concrete.
What Solar Roadways is working on is a modular road section with solar cells and LEDs that would allow for an interactive road surface, which could notify about diversions during traffic jams, warn about animals on the road, or alert drivers of an accident ahead. Below is an image that shows the vision of Solar Roadways.
It's a wild leap to think of road surfaces as power generating assets but there are a lot of practical advantages to this approach. Solar Roadways is designing a system with square modules that would be easily replaceable if damaged. From a cost standpoint, road surfaces may also provide one of the more economical locations to put up solar power because they're already incredibly expensive to start with.
Let's throw around some numbers to show just how feasible this may be. SunPower's (NASDAQ:SPWR) new 21.5% efficient X-Series panel generates 335 watts of electricity in 17.6 square feet. A highway is a minimum of 12 feet wide so a one-mile two-lane highway would have at least 126,720 square feet, or enough for 2,412 kilowatts of solar. If we assume a cost of $5 per watt (about double the cost of a utility-scale project) that would be $12.1 million for a one-mile, two-lane road that would generate about 3.5 million kilowatt-hours of power each year. A similar length asphalt road wouldn't be nearly this expensive but if we're generating power that pays a rate of $0.18 per kilowatt-hour (similar rates to rooftop PPAs) the road would pay for itself in 19 years.
These are ballpark numbers and none of this is proven on a large scale, but the concept is exciting and potentially very profitable for everyone involved if the technical challenges can be worked out.
Around the world on solar
Driving on solar roads may be years, even decades away, but powering a boat with solar power is very much a reality. PlanetSolar is a 31-meter catamaran built in 2010 complete with 516 square meters of SunPower's 18.8% efficient solar panels. The boat sailed around the world from 2010 to 2012 and over this past weekend it finished a transatlantic crossing in 22 days, 12 hours, and 32 minutes, beating its own record for a solar-powered crossing by four days.
Below is a picture of the PlanetSolar catamaran along the coast of Miami.
Thousands of vessels travel our oceans every year and solar energy would be a cheap, easy way to add power to many of these fleets. With PlantSolar proving that it's possible to power a boat with solar alone maybe this will open up another industry to the solar revolution. At the very least, the image of PlanetSolar cruising the coast of Miami on nothing but solar power is an impressive one.
Taking to the skies
One of the more amazing, and technically far-fetched ideas in solar is powering aircraft with sunlight. Solar Impulse has done just that and is currently making its way across the country in an effort to raise awareness about innovative energy technologies.
The Solar Impulse is a single person aircraft that spans 208 feet and weighs in at just 3,527 pounds. Right now the Solar Impulse HB-SIA is crossing the country, generating data for the second version dubbed HB-SIB, which is expected to be completed in the spring of 2014 and fly around the world in mid-2015.
Below is an image of HB-SIA on the ground at the Brussels Airport in 2011.
The idea of powering a commercial aircraft with solar power alone is physically impossible, but if the industry can incorporate solar cells into the wings or body of a plane it would be possible to generate power that would reduce fuel consumption.
The future of solar
Now, these are dreams of the future of solar but a decade ago these would have only been pipe dreams. If the industry can make anywhere near as much progress in the next decade as it has in the last, then perhaps solar roads, boats, and planes will be a reality for the masses.
SunPower has been a player in these early prototypes but I would keep an eye on First Solar (NASDAQ:FSLR) as a provider of thin-film solar for these innovative applications. Solar paint has been another dream of solar pioneers, but whether it's on a boat or a plane, I think thin-film solar is the closest thing we'll get.
The next decade is certainly going to bring a lot of excitement to the solar industry and the images above hint at what might be possible.
Motley Fool contributor Travis Hoium manages an account that owns shares of SunPower and personally owns shares and has the following options: Long Jan 2015 $7 Calls on SunPower, Long Jan 2015 $5 Calls on SunPower, Long Jan 2015 $15 Calls on SunPower, and Long Jan 2015 $25 Calls on SunPower. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.