Solar panels are becoming more affordable in the United States while their efficiency continues to improve. It’s no surprise the solar industry has grown so rapidly.
Solar energy is now the fastest-growing source of clean power worldwide. This growth is driven by several factors.
Solar panels offer a renewable and clean source of energy. They help businesses and homeowners reduce their carbon footprint.
What Does the Future Hold for Solar Panels?
By 2030, the International Energy Agency expects solar photovoltaics to account for 13% of global electricity. This is a significant increase from just 2% in 2016. The rapid growth of the industry can be attributed to falling costs, better access to financing, and improved policies.
The report also predicts that the number of solar PV workers will grow from 2.8 million in 2016 to 8.3 million by 2030.
Organic Solar Cells
Organic solar cells have several advantages over traditional photovoltaics. They are thin, flexible, and can be designed to absorb light at different wavelengths. This technology can be used in various applications, including window and glass façade shading.
Photovoltaic (PV) Trackers
Photovoltaic trackers can increase the efficiency of solar panels. Fixed solar panels only produce significant amounts of power when the sun is at its peak. A tracking system maximizes the amount of energy collected throughout the day.
Throughout the year, the intensity of the sun is often less than ideal, leading to energy losses of up to 20%. Photovoltaic trackers help compensate for this by increasing output.
Integrated Inverters
Technologies like IoT and Blockchain will enhance inverter development by improving diagnostic capabilities. Inverters will be able to communicate with other devices, such as cleaning robots, increasing the overall efficiency and longevity of solar plants.
One notable benefit of advanced inverters is their ability to “black start” a grid, meaning they can automatically restart a lowered grid.
ESD Solar Panels
ESD panels are ultra-thin and flexible, allowing them to be molded into almost any shape. They are less expensive to manufacture than conventional solar panels and easier to install. These panels can power a wide range of vehicles, including motorhomes, boats, and trains.
The Future of Solar Storage
The future of solar storage is likely to be dynamic and market-dependent. Revenues at the start of a project might differ significantly by its end.
Solar storage will also face competition from other energy-storage technologies like standalone batteries, gas peakers, and smart EV chargers.
This post was written by Daniel Massaad, owner and expert solar technician at Energy Solutions Direct! ESD is the top choice for solar panel installation Port Saint Lucie FL! Our licensed and certified contractors are masters of their craft; with years of experience servicing the great Tampa Bay area and beyond, the choice is simple. ESD excels at offering you the best in solar value!
