|
Silver not only acts as an investment tool but also has numerous other applications that can help us reduce our footprints on the environment. One of the roles silver enacts in clean technology is in the production of solar energy. Silver is the main element in 90% of crystalline silicon photovoltaic cells. These cells use silver paste that helps capture natural sunlight and transform into power. It is expected that over 100 million ounces of silver will be used for solar energy by 2015. While this piece of information is unknown to many, what stays true is that many homes, corporations and multinational companies have employed the use of solar energy as a replacement to traditional sources of power. Not only is it cost effective, but one can make his own small contribution to the environment. In fact, more and more people are turning to solar power considering the limited fossil fuel resources and their impact on global warming. Additionally, the use of silver is growing in the nanotechnology field. When silver is added into materials, appliances, carpets, etc. it operates as a sterilizer, destroying harmful bacteria. Without the presence of this technology, we would otherwise be using harsh chemicals to treat products. Since we rely heavily on silver in nanotechnology and reduce our reliance on toxic chemicals, this precious metal is sure shot winner for clean technology. Water purifiers sold each year also use silver in their filters to prevent bacteria and algae from building up. This way, bacteria, chlorine, trihalomethanes, lead, particulates and odor are destroyed by silver, resulting in potable, drinking water. It is also proved; silver when in contact with oxygen is a potent sanitizer eliminating the need for the use of chlorine. Silver ions are slowly replacing chlorine as the alternative for filtration since it also destroys Legionnaires’ disease causing bacteria found in pipes, water tanks and connections. The use of silver is immense in developing nation where water borne illnesses are a major cause for mortality. Silver also acts effectively when it is added to windows as only 5 percent of outside light is transmitted indoors, allowing the residents to save on energy costs. This technology is being widely used to create thermal windows for environmentally conscious buyers. With energy prices rising, popularity of silver enhanced green products is bound to rise by the years. silver prices are affected by the demand fluctuations between industrial and store of value uses and its environmental friendly industrial use is highly appreciated. The author is a knowledgeable columnist in silver market, mining & stocks, who frequently writes articles related to silver prices, silver spot price including tips on investment in silver. Please visit silverprices.com for more details.
Related Articles -
silver price, silver prices, prices on silver,
|
