Benefits of Solar Energy

Solar Energy is about the future as well as the present. With unlimited potential, Solar Energy is a clean, efficient, and sustainable form of renewable energy. But Solar Energy is also a sound financial decision. With Solar panels powering your home, you'll see this every month when your electricity bill arrives. Solar provides a hedge against future rate hikes. And you can sell your surplus electricity back to the utility, generating a credit on your bill.

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benefits of solar energy

Types of PV Technologies


There are essentially two types of PV technology, Crystalline that has a 93% market share and Thin-film with a 7% market share.

Crystalline can be broken down into two types:

  • Monocrystalline Cells - These are made using cells cut from a single cylindrical crystal of silicon. While monocrystalline cells offer the highest efficiency (approximately 18% conversion of incident sunlight), their complex manufacturing process makes them slightly more expensive.

  • Polycrystalline Cells - These are made by cutting micro-fine wafers from ingots of molten and recrystallized silicon. Polycrystalline cells are cheaper to produce, but there is a slight compromise on efficiency (approximately 14% conversion of incident sunlight).

monocrystalline-cell-solar-panels Monocrystalline Cells

polycrystalline-solar-cells
Polycrystalline Cells