Amount of Energy Produced by a Solar Panel

Amount of Energy Produced by a Solar Panel

There can be absolutely no doubt in the fact that solar energy is the future of residential and industrial power generation. A research conducted by Solar Energy Industries Association (SEIA) across the United States, shows that the number of people who have switched to solar energy from 2006 to 2016, has risen by a whopping 50%. And with the prevailing state of traditional energy sources, it is only a matter of time before the government makes solar energy mandatory for everyone. All of these factors further cement the impending paradigm shift that is about to occur within the energy sector in the near future.

Although a vast majority of homeowners are now leaning towards solar energy, it is important to bear in mind a few technical aspects before installing a Solar Energy System. The rate of solar power generation varies with different kinds of panels. Following are the 4 kinds of solar panels available in the market:

  1. Thin Film Amorphous Silicon Panels – These solar panels, although easily available, have an efficiency rate of 7 to 10% which is relatively low. Also, the life-span and warranty time period is shorter as compared to other products in the market.
  2. Polycrystalline Panels – These solar panels are relatively cheap, easy to find and are more efficient as compared to the thin film amorphous silicon panels, with an efficiency rate of 15%. However, these solar panels are not quite as durable as some of the more latest products in the market.
  3. Monocrystalline Panels – These solar panels are regarded as the premium products in the solar energy industry owing to their high durability, efficiency rate and aesthetic value. However, since these solar panels are regarded as the premium products, they are the most expensive option one can opt for.
  4. Concentrated Photovoltaic Cells – In terms of performance, the Concentrated Photovoltaic Cells (CPV’s) are regarded as the best in the industry, with an efficiency rate of an astounding 40%. However, due to the expensive cost and complicated structural components, this technology is better suited to be installed on an industrial scale.

With the rising population and energy consumption, the conventional sources of energy are depleting by the minute around the world. Also, the traditional energy generation methods are proving to be detrimental to the environment, as they produce tons of greenhouse gases which as a consequence, damaging the ozone layer and causing unhealthy living conditions for the dwellers of mother earth. To that reason, the Solar Energy Industry, albeit out of necessity, is well on its way to having a presence in every household across the states. However, we should consider it our responsibility to convert to solar energy, not only to minimize our utility expenses, but also to ensure a healthy living environment for all life on our planet.

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