For all photobiology, photochemistry is the underlying mechanism. When a molecule absorbs a photon of light, it changes its electronic structure, and reacts differently to other molecules. The energy absorbed from light can lead to photochemical changes in the absorbing molecule, or in an adjacent molecule (e.g., photosensitizing). The energy can also be discharged as heat or as lower energy light, i.e. fluorescence or phosphorescence, to return the molecule to its ground condition.
The use of clean, renewable energy is one of the most important steps you can take to reduce the environmental impact. Electricity generation is our # 1 source of greenhouse gases, more than all our combined driving and flying, and clean energy also reduces harmful smog, toxic accumulations in our air and water, and the impacts of coal mining and gas extraction. But it will take time to replace our fossil-fuel infrastructure – and solid, consistent funding from both state and federal initiatives to develop renewable energy generation and consumer and business demand for clean energy.
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Market Analysis:The photochemistry and clean energy market is expanding rapidly, driven by sustainability goals and technological innovation. Photochemistry, utilizing light for chemical reactions, is crucial for green energy advancements, with its reactor market projected to reach USD 2308 Million by 2030. Key drivers include advanced LED photoreactors, breakthroughs in green hydrogen production, and converting carbon dioxide into valuable resources. Significant investments are bolstering the sector globally, particularly in Asia-Pacific, as new hybrid systems and photocatalysts continue to emerge.
Key Market Players: JinkoSolar Holding Co., Ltd. (China) / Yingli Green Energy Holding Company Ltd. (China) / Suntech Power Holdings Co., Ltd. (China) / Goldwind Science and Technology Co., Ltd. (China) / Siemens Gamesa Renewable Energy SA (Spain) / Adani Solar (India) / Corning Incorporated (USA) / Japan Photocatalyst Center (Japan) / Shin-Etsu Chemical Co., Ltd. (Japan)
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