Future Of Solar Panel Efficiency

Since 2010 he notes the absolute efficiency of the crystal silicon solar panel has gone up about 5 per year and that s pretty consistent.

Future of solar panel efficiency.

According to experts if photovoltaic panels are placed on reservoirs and other water bodies they offer even greater efficiency as well as a plethora of other benefits. This is a major obstacle that solar energy systems must overcome to achieve exponential growth in the energy industry. Most major studies show solar expanding significantly as costs decline and societies use their values to drive their energy choices. Silicon panels are becoming cheaper and more efficient day by day.

In the united states these cost decreases are anticipated to increase the solar power produced by at least 700 by 2050. Meanwhile research on alternative designs for more efficient and less expensive solar cells will continue. All in all the future of solar is bright. Future solar technology modern day solar panels have a maximum efficiency of about 33 meaning that much of the sun s solar radiation goes to waste even under the most ideal circumstances.

The p ower of r d for any homeowner converting to solar power is a major investment.