In 1977, the cost of solar panels was US$76.67/watt and today, it is just US$0.613/watt

Chasing Efficiency in Solar Energy Sector

Pradhnya Tajne | Transparency Market Research

 

Private and public organizations in the renewable energy sector around the world have been involved in intensive research to drive up the efficiency of solar panels. In the past 30 years, we have seen firms come up with several innovations that have gradually boosted the efficiency of solar panels. Organizations have been developing new technologies based on novel solar cell architectural designs and innovating materials that provide more efficient energy conversion. These efforts have reduced the price of solar power significantly. In 1977, the cost of solar panels was US$76.67/watt and today, it is just US$0.613/watt.

 

References:

 

 
About Pradhnya Tajne

Pradhnya is a creative and self-driven writer with over seven years of experience. Currently, she works as an Assistant Content Manager, with a focus on the renewable energy domain, for Transparency Market Research. Through her writing, she sheds light on clean alternative energy projects.

 

 


Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Roof Tech – E Mount AIR

Roof Tech - E Mount AIR

The most compact versatile rail-less PV mounting system under the sun. Instead of placing solar panels on top of long rails, simply attach E Mount AIR to rafters or the roof decking. Once panels are fastened to the roof, the system array is electrically bonded. The result is a visually seamless PV installation that stands the test of time. - Truly "One With The Roof". - PE stamped cert. letters available, UL 2703 Classified, ASTM 2140 fully waterproof. The one and only with integrated flexible flashing certified by the ICC! All the best quality. Only from Roof Tech