Future Of Solar Panel Efficiency

In the immediate future silicon solar cells are likely to continue to decrease in cost and be installed in large numbers.

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. Meanwhile research on alternative designs for more efficient and less expensive solar cells will continue. In the united states these cost decreases are anticipated to increase the solar power produced by at least 700 by 2050. Today that translates into some of the highest efficiency solar panels on the market with a life expectancy of over 25 years and new innovations just on the horizon.

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. Most major studies show solar expanding significantly as costs decline and societies use their values to drive their energy choices. The p ower of r d for any homeowner converting to solar power is a major investment. Silicon panels are becoming cheaper and more efficient day by day.

All in all the future of solar is bright.