Solar technology has come a long way in recent years! With advancements in solar cell efficiency and the development of new types of solar panels, solar is the most viable option for renewable energy.
One major advancement has been the development of perovskite solar cells. These cells are made from a type of mineral called perovskite, which has shown to have a high potential for solar energy conversion. Perovskite solar cells have a much lower cost of production compared to traditional silicon solar cells and have the potential to reach similar efficiencies.
Another important development is the use of bifacial solar panels. These panels have solar cells on both sides, which allows them to capture light from both the front and back. This can increase the overall energy output of the panel by as much as 30%.
In addition to these new types of solar cells and panels, there have also been significant improvements in the efficiency of traditional silicon solar cells. The efficiency of these cells, which is a measure of how well they convert sunlight into electricity, has been steadily increasing over the years. In 2020, a new world record was set for the efficiency of a silicon solar cell at 26.33%.
And most importantly, the cost of solar energy has also been decreasing. Economies of scale, research and development, and government incentives have all contributed the cost drop. As a result, solar energy is becoming an increasingly viable option for both residential and commercial use.
Overall, the recent advances in solar technology have made solar energy more efficient, cost-effective, and accessible than ever before. With continued research and development, it is likely that we will see even more progress in the years to come!