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The Photoelectrochemical Cell (PEC) market is a subset of the Fuel Cell market, which is a technology that converts chemical energy into electrical energy. PECs are a type of fuel cell that uses light energy to generate electricity. They are composed of a semiconductor material, such as silicon, that is exposed to light, which causes electrons to be released from the material. These electrons are then used to generate electricity. PECs are used in a variety of applications, such as solar energy storage, water purification, and hydrogen production.
PECs offer several advantages over traditional fuel cells, such as higher efficiency, lower cost, and greater flexibility. Additionally, PECs are more environmentally friendly than traditional fuel cells, as they do not produce any harmful emissions.
The PEC market is expected to grow in the coming years, as the demand for renewable energy sources increases. This growth is driven by the increasing need for clean energy sources, as well as the development of new technologies that make PECs more efficient and cost-effective.
Some of the major companies in the PEC market include Ballard Power Systems, Bloom Energy, FuelCell Energy, Hydrogenics, and Plug Power. Show Less Read more
