The Future of Solar Energy Spotlights Graphite

PALM BEACH, Florida, March 8, 2018 /PRNewswire/ --

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Graphite is a mineral that is quietly fuelling the future of clean technology, and its applications in the battery market just keep growing and growing. Graphite grabbed investors' attention when Tesla CEO Elon Musk, determined to provide the world with clean battery power for cars and homes, identified Graphite and Nickel as key elements in the lithium-ion battery cell mass. Musk even said that lithium ion batteries "should be called Nickel-Graphite." Minerals like these are vital to the growth of clean tech. Mining companies like SunPower Corp. (NASDAQ:SPWR), Global X Lithium (NYSE:LIT), First Solar (NASDAQ:FSLR), Alcoa Corp. (NYSE: AA), and Graphite Energy Corp. (CSE:GRE) (OTC:GRXXF) know this, and are strategically mining the minerals of the future.

Tesla's electric vehicle (EV) batteries have captured plenty of headlines, but the automotive sector is not necessarily going to be the largest consumer of lithium ion batteries. The big use will come in the home batteries sector, and solar panel roofs, powered with Tesla battery packs, require even more graphite. Battery powered homes will be the way of the future, and are projected to increase demand for graphite over 1,000 times. The North American hotbed of graphite production is actually in Québec, Canada, where junior mining companies Mason Graphite Inc. and Graphite Energy Corp. are rapidly assembling operations.

Technology that transforms the future of grid power  

Of all the strategic minerals in play, graphite offers the greatest opportunities for growth in the evolution of solar power technology. Solar roofing and battery storage systems are transforming the future of grid power, and graphite technologies are making materials stronger. Graphite Energy Corp. will be pivotal in providing the natural grade mineral needed to support the supply chain demand.

Graphite will be needed to store the power generated from Tesla's new solar roofs, which are already on the market. Tesla has even started selling solar panels at Home Depot. The company is reportedly going to start selling the panels at nearly 800 retail locations, bringing the technology to consumers via the bricks and mortar market.

Graphene -the World's most Conductive Material  

Graphene, a form of carbon that results from the reduction of graphite, is the world's most conductive material, and it offers a range of opportunities for advanced display technologies, communications systems and desalination solutions. Graphene is also going to be an essential component in the solar panel market, as home builders adopt solar power technology.