R&D Helps To Bring Costumers Savings On The Cost Of Solar Panels

Doing your research will certainly help you develop your thoughts.  In the world of solar panel development, the innovators had to do their research.  Current solar energy analysis from ASU's solar panel technology department establishes that silicon-based, tandem photovoltaic module will become more frequently charming to consumers in the U.S. This silicon-based, tandem photovoltaic module converts sunlight into uninterrupted electricity with higher efficiency than present solar panel systems, and this can propose better service and potentially lower costs of solar panels. 

Analysis has shown the exciting details of the solar panel costs vs. enhanced efficiency of new solar technology situation in a paper titled "Techno-economic viability of silicon-based, tandem photovoltaic modules in the United States," appears in Nature Energy this week.

Helping Hand From Uncle Sam

Sometimes we could all use a helping hand.  For instance, that time you fell in between those golf carts, and your foot was stuck.  Good thing Mike was there and his athletic stature. He moved that golf cart with one hand and reached for you with the other.  Before you knew it, you were back slicing and dicing those shots all over the green.  Now, when it comes to finding an affordable way to get into the solar market, the government has provided some incentives to help you get into your solar panel savings.  The Department of Energy's SunShot Initiative started in the year known as 2009.  This initiative targeted making solar panels cost-competitive with universal used fossil fuel energy within the next two years. Astonishingly, the program reached its goal of $0.06 per kilowatt-hour in under four years preceding the expectation.  A brand-new goal of $0.03 per kilowatt-hour by has been aimed toward 2030. Intensifying the efficiency of photovoltaic modules is one path to minimizing the cost of the solar panel electricity to this new target. If met, the goal is surmised to triple the quantity of solar installed in the U.S. in 2030 associated to the business-as-usual status.

Stated by a great solar expert, "the dominant existing technology -- silicon -- is more than 90 percent of the way to its theoretical efficiency limit," driving a necessity to explore new technologies. More efficient technologies will undoubtedly be more expensive, however, which suggested this great solar panel expert, "does a doubling of module efficiency warrant a doubling of the cost?"

Dual Material Panels

Bi-panel solar panel systems place dual, similar photovoltaic materials, and a perovskite solar cell smack-dab on top of a silicon solar cell.  This arrangement is made to find the full use of the full color transmitted by the sun and beat the efficiency of either entire solar cell individually. The research was meant to define how much more valuable high-efficiency tandem photovoltaic modules can be and still struggle in the innovating solar industry.

Well researched outcomes show that in the expected 2020 U.S. residential solar market, 32-percent-efficient anticipated dual solar panel systems can bring more than three times the cost of that of projected 22-percent-efficient silicon modules and furthermore produce electricity at the same price. This bonus, however, is a best-case condition that finds the energy yield, degeneration rate, service history and funding articles of tandem modules are relative to those of silicon modules solely. The investigation also confirms that cost premium values will alter according to the region.

"Our previous study defines the technological landscape of tandems; this study paints the financial landscape for these future solar technologies that are only now being created in labs. It tells researchers how much money they're allowed to spend in recognizing the efficiency enhancements expected from tandems," says Yu, one of the super lead minds behind these solar panel innovations.
These innovations can lead to significant savings in the long-term for solar panel customers.  If that is your plan to buy, then please review out our site to find out more.  

Want to save and be guided by experts who do the research and know the answers? Go to HahaSmart.com and try our price checker tool. How much solar power you need and how much you can save on your energy bills each month.

Please visit our solar blog to find out more about how the savings on solar panels keep on coming.