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.

 

 

The content & opinions in this article are the author’s and do not necessarily represent the views of AltEnergyMag

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

OMNISTAR GAS ANALYZER - Fast accurate analysis from % to sub-ppm in a compact, turnkey benchtop system.

OMNISTAR GAS ANALYZER - Fast accurate analysis from % to sub-ppm in a compact, turnkey benchtop system.

The Pfeiffer Vacuum OmniStar benchtop analysis system offers you a compact footprint, powerful software and Ethernet connectivity. It's the optimum solution for many real-time gas analysis applications. With the OmniStar, Pfeiffer Vacuum offers you a complete solution for gas analysis, in chemical processes, semiconductor industry, metallurgy, fermentation, catalysis, laser technology and environmental analysis. The turnkey OmniStar gas analysis system consists of heated, temperature-regulated gas inlet system, Quadrupole mass spectrometer, a dry diaphragm vacuum pump and HiPace turbopump. Unlike competing methods such as FTIR, OmniStar is suitable for qualitative and quantitative analysis of most gases.