Overview
Solar energy is the most abundant green energy source. By utilizing solar technology, this energy can be converted into electricity that can be used in homes and businesses. Solar energy can bring us many surprises. Let’s take a closer look at it.
4 Facts About Solar Energy
Clean and Renewable
Unlike energy derived from nuclear or fossil fuels, solar energy is completely clean. There are no harmful byproducts released. Solar-powered houses can be completely self-sufficient. This is helpful for protecting homes from power outages as well as reducing electric bills. What’s more, solar energy is renewable. It is a stable resource for billions of years.
Increasingly Competitive
The costs of the main renewable technologies, like wind and solar photovoltaic, are going down a lot. This means that in more and more places, they become cost-competitive with conventional sources. Thanks to economies of scale and innovation, renewable energies are already becoming the most environmentally and economically sustainable way to power the world.
Solar Technologies Become More Effective
Over the past eight years, the global market for solar energy has expanded at a rate of more than 40% annually. This technology has made significant strides in automation, production, and output. Most panels available today are 15% to 20% efficient, which means they can convert 15% to 20% of the solar energy they gather into electricity. The panel efficiency has steadily increased over the last decade, which is encouraging and helps to keep the costs down.
China Has The Fastest Growing Solar Potential In The World
China is expected to have 1,200 GW of wind and solar power installed by 2026. By 2024, China is expected to have the most installed residential solar capacity. This pattern of growth assists China in meeting its commitment to achieve a carbon peak by 2030 and reach carbon neutrality by 2060.
Want To Go Solar?
If you want to be energy independent, you should consider investing in solar energy systems. Polinovel can offer you professional advice based on years of experience in the solar industry. You can tell us about your needs, and we will design an energy storage system that works best for you.
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