Solar Energy Facts
Solar Energy Facts
At a alarming rate that non-renewable resources like gas, coal, and oil are being used up at an alarming pace. It is now that abundant energy sources like solar, wind and geothermal are looked after. Although many countries have started to use solar energy extensively but it’s far from being able to are able to fully utilize this renewable energy to meet the demands of energy for their daily lives.
The solar energy sector is expected to increase in the next few years due to growing concerns about sustainable development across the globe. This will provide a variety of jobs for people, and also help us to sustain our eco-friendly existence.
Everybody is looking for an alternative energy source that will help them preserve the non-renewable resources for the future. It’s the most likely future of our planet and the best source of energy.
What exactly is Solar Energy?
The sun’s radiation is known as solar energy. For thousands of years the sun has produced energy. It’s the primary energy source for all life. It’s a renewable energy source, unlike other non-renewable sources like fossil fuels. Solar energy technology uses the sun’s energy to light homes as well as making heat, hot water and other purposes, such as solar tankless water heater reviews, electricity and electricity.
Solar energy has the main advantage of not producing any pollutants, and it is one of the most clean sources of energy. It’s a renewable source of energy, easy to install solar panels, and requires very little maintenance. The solar energy source has one drawback: it can’t be used at night. The amount of direct sunlight absorbed on Earth’s surface depends on where you are located, what season it is, and how much sunlight is available.
16. Solar Energy facts
The demand for solar energy systems is growing rapidly. Photovoltaic panels can be used to convert the energy of sunlight into electricity that can be used to power homes and businesses. Details about how the technology works, its logistics, and solar installations process of the vast majority of solar panels are getting more sought-after as the market expands. You may be surprised by the number of solar energy facts you learn about.
1. Despite the global pandemic the solar industry saw record-breaking growth in 2020.
The COVID-19 pandemic that hit the country in 2020 had a negative influence on many businesses, but in the field of solar, not so much. As per SEIA Solar panel installation rose by 43 percent (21.2 gigawatts) during the year of 2019 when compared with 2019. In the fourth quarterof 2018, it was reported that the US added 8 gigawatts of power to the grid, a record in the world. This is enough power to power approximately 190,000.
2. The solar energy source is by far the cheapest and abundant energy source in the world.
The price of installing solar panels generated $1.65/watt in December 2016. This is a slight advantage in comparison to wind ($1.66/Watt), and fossil fuel rivals.
In 2016 a commercial solar company from Dubai made solar electricity available for $0.029 per kilowatt-hour. This was a pivotal moment in the economics of solar vs. other energy sources. Today, solar is the largest source of power around the globe, with the capacity of 89 Petawatts (PW). The full explanation of our site explains how solar and fossil fuels are compared to apples.
3. Within the United States alone, more than 2 million solar panels have been installed
In the early part of 2019 the United States had reached 2 million solar installations. This is only three years since 1 million installations were completed. It took 40 years for the industry to reach this level. The industry is predicted to reach four million installed by the year 2023. This is a testament to Solar’s rapid growth as the fastest-growing energy resource. The current market size of solar cells are expected to quadruple by 2030.
4. Today, a variety of companies offer solar panels with a higher efficiency than 20 percent.
The emphasis of scientists on the development of solar technology has led to solar panel efficiency levels increasing in the same way as solar cost. Five years ago the most efficient solar panel that money could buy was between 17 and 18 percent. Solar panels with efficiencies between 20 and 23 percent can be purchased by homeowners in 2020. The two most popular brands for energy efficiency for solar panels include SunPower or Panasonic. Check out our complete article to find out more about the advancement in solar panel performance.
5. Within the United States, homeowners have reached breakeven with solar energy in less than three years.
While the cost of solar has fallen however the cost of grid electricity is continuing to rise. That has led to the concept of the solar “break even point” more appealing. The majority of homeowners are likely to see payback times of eight years in 2021, and savings estimates for 20 years in excess of $20,000. In states like New York and Massachusetts, where utility costs are high homeowners can expect break-even points of 3 or four years. To learn more about solar energy, read our article.
6. In certain states of the United States, the cost of a solar system is currently less than $3 per watt
A decade ago, the cost of an installation of solar systems was more than $8/watt. Many speculated that one day solar power would surpass the $4/watt mark. In 2022 the $3.00/Watt threshold will come into effect. Every day, LA Solar Group Marketplace receives quotes for prices below $3.00. After the tax credit subsidy from the federal government The average solar panel cost per watt was $2.77/watt. That means a smallto medium-sized array (6,000 Watts) will cost $12.476.
7. Solar energy can be used to power planes that fly across the globe.
Although many people are aware that solar energy can power cars, trains as well as space station, few are sceptical about Bertrand Piccard’s plan to fly a solar powered plane all around the globe using only the sun as the source of power. The famous aircraft, known as Solar Impulse II was used by the professional pilot and explorer from Switzerland. He returned to the United States in July 2016. This international flight offered many photos and also spoke about the potential for unlimited power from solar energy.
8. Solar panels are not needed for homeowners to put in their own solar panels.
Numerous large utilities offer community solar. They are able to receive incentives to purchase some of their power through renewable energy sources. The idea of sharing solar, also called community solar, which involves the installation of a solar farm where hundreds of people or even thousands of people can receive electricity – is gaining momentum. It is most well-known in the following five states: California, Minnesota, New York, Massachusetts, and New York. The many practical and affordable advantages of community solar are fast making the concept widespread across the nation.
9. Solar energy is able to provide electricity 24 hours a day
If homeowners are considering going solar, one of their most common concerns is “What do you do at night?” This is the most significant obstacle to mainstreaming solar energy storage. But, things are evolving. Numerous well-known companies have entered the solar storage market such as Mercedes, LG, and Tesla. This is driving down the price of solar storage. Homeowners can now buy solar-plus storage systems that are energy-independent. Look through our top solar batteries to find out the basics of storage.
This list of solar-related facts offer numerous perspectives on the rise of Solar in popularity and its capacity to compete with fossil fuel resources. These suggestions can help you choose the ideal solar panel system for your needs.
10. CSP power-tower is the most powerful solar power plant in the world.
The Mojave Desert in California hosts the biggest solar thermal mass material production plant in the entire world. Ivanpah’s 392 Megawatt, the largest solar power plant uses CSP technology, which is a concentrated solar power (CSP) which powers a steam turbine that creates electricity. Mirrors powered by software reflect sunlight into three boilers which produce steam. CSP power-towers like Ivanpah utilize a unique solar harnessing technique that allows for storage of energy even after the sun has set. This is possible due to solar molten salts could be utilized to store energy. This CSP plant was officially inaugurated in 2014 and nearly tripled the annual US solar thermal energy production. According to energy.gov, this will prevent millions of tons of carbon dioxide from being released every year.
11. Renewable energy from the sun can be used to charge electric vehicles
Electric vehicles, as well as other types of renewable technology are becoming more sought-after. More than 9 percent of the new cars on this year’s marketplace are EVs. Solar panels work well with electric cars and charge them just as effectively as any other appliance in your home. A tiny solar array of 10 panels is enough to charge an entire electric car. This is a cheap and effective option, particularly when you can make use of the incentives offered.
12. The United States has a record-breaking solar demand
As per the Department of Energy there has never been a greater demand for solar. In the United States is the third largest market for solar in the world. Within the United States, 23.6 gigawatts were installed for solar in 2021. This would supply electricity to 23.3 million American households.
13. Solar panels can increase the value of your home
Solar panels could be a great addition to your home, much like other improvements like remodeling the kitchen or adding a room. Solar panels can not only save you money on your electric bill, but they can they also help you sell your home. Numerous studies, like one done by Zillow shows how solar panels could raise your home’s value up to 4percent.
14. You have many financing options to finance a solar system
There are many other options available for solar panel buyers than just buying them for themselves. There are many options available that include specific solar loans or leases for solar, as well as Power Purchase Agreements. Each financing option is different in terms of what it covers and the frequency at which they will be repaid. However, homeowners who wish to go solar should consider each one.
15. The United States' largest employer is the solar energy sector.
Despite a drop in industry’s employment, the US’s solar sector employed 231,474 workers by 2020. This number will grow in the next year because of the massive federal investment in solar energy, and President Biden’s goal of 100% renewable energy by 2035.
- LA Solar Group assists thousands of potential solar customers review estimates every year
LA Solar Group has a goal of aiding you in finding the right solar option for your home. We have been helping solar buyers across the country to find the most efficient solar options since our beginning back in 2009. Get your property registered today and start your journey to solar energy that produces no pollution . Join us.
When you’re looking for the most efficient solar panels There are numerous aspects to consider. Though some panels boast greater efficiency than others; investing in the best solar panels won’t always yield more savings. It’s crucial to look at the prices of different equipment and financing options to determine the “sweet spot.”
If you are an owner of a home looking to use solar energy and want to have a rough estimate the cost, this Solar Calculator will help. It provides estimates for upfront costs and long-term savings based on your roof type and location. Take a look at our quote comparison platform to locate local contractors.