1. Kitco Metals Inc.
  2. Commentary Archive
  3. Bio

Solar Roadways - The Road To The Future, Paved In Silver?

Legend has it that, in ancient Rome, the streets were paved in gold.  True or not, chances are the streets of Sagle, Idaho, will be paved in silver soon. And even though Sagle, Idaho, probably has fewer streets than ancient Rome, this would be a major accomplishment for Scott and Julie Brusaw, the owners of Solar Roadways LLC that has made it its mission to cover U.S. roadways entirely in solar panels.

They came up with a design for highly resistant hexagonal solar panels that will pay for themselves, and more, by generating electricity all day. What is more, the panels are capable of illuminating roads at night, and of defrosting them in winter, solving multiple problems all at the same time.

Buoyed by much media attention from the start, the company just turned to crowd funding for its first major phase of expansion from proof of concept to pilot production. A week prior to the deadline, the company is already overfunded by nearly 50% above its $ 1 million goal, all in exchange for t-shirts and coffee mugs in further proof that great ideas do not require “angel investors” anymore.

The panels will be made in the USA, and several official bodies have expressed their interest, and offered their support. And since solar panels, of course, consume silver and various other technology metals in their photovoltaic layer, electronics etc., this project could turn out to also pave the way for silver’s future.

Pictures: Solar Roadways LLC

By Bodo Albrecht
tminsider@eniqma.com

 

 

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in precious metal products, commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.
kitco news

Precious Metal Charts

Click to see this Precious Metal chart
  1. 24h
  2. 30D
  3. 60D
  4. 6M
  5. 1Y
 

Interactive Chart