Now that solar energy is developing and is on its way to replace other non-renewable sources of energy, it’s not uncommon to find solar panels in homes, commercial and industrial spaces. The reason for their popularity is the number of benefits they offer.
They help you save money in the long run, have a longer lifespan, and have diverse applications. In a nutshell, buying solar panels is a sagacious decision.
Source: Luminous
But before you do, it’s essential that you know all the important details about a solar panel, including what is a solar panel, what is the use of solar panel, how It works and its various types. Here’s a guide that can help you:
What is a Solar Panel and What is the Use of a Solar Panel?
A solar panel is a device that absorbs solar energy and converts it into power to supply it to all your appliances. This generation of electricity results from a process called the photovoltaic effect. The photovoltaic effect is a chemical phenomenon of the generation of electric current and voltage when the solar cells are exposed to light. Solar energy forms an electrical charge that shifts as a response to an electric field in the cell, leading to a flow of electricity.
The Different Types of Solar Panels
Now that we have established what a solar panel is, let’s discuss the various types:
These types of solar panels are widely available in the market. All these types of solar panels are distinguished by the type of technology they use:
- Polycrystalline Solar Panels
Unlike monocrystalline solar panels, polycrystalline solar panels are made of several silicon blocks that are melted and then poured into a mold. As there is no wastage in the process, polycrystalline panels are much more affordable.
- Mono Passivated Emitter and Rear Cell (PERC) Solar Panel
PERC is a technology designed to achieve higher energy conversion efficiency by adding a dielectric passivation layer to the cell. PERC is a cost-efficient option given the fact that it allows the maximization of energy output owing to efficient energy conversion.
Monocrystalline, Polycrystalline or PERC Solar Panels: Which Should you Buy?
There is no definite answer; it depends on your requirements and budget. Even though monocrystalline panels are much more efficient and have higher heat tolerance, they come with a high price tag. As for polycrystalline solar panels, they are less efficient but are suitable if you have adequate requirements; they are easier on the pocket as well. The same goes for PERC. It is relatively inexpensive. However, they do offer high efficiency.
The Government Incentives You Can Get
Solar energy is an eco-friendly source of energy that helps in reducing the carbon footprint that is produced by using other forms of non-renewable sources of energy.
Therefore, to encourage individuals to adopt solar energy, here are the various incentives introduced by the government:
- Solar panels come with huge installation costs; therefore, to reduce the burden on the users, the central government would pay 30% of the installation cost of the solar panels. This applies to the states falling in the general category.
- As for states that fall in the special category, such as Jammu & Kashmir, Himachal Pradesh, Lucknow, Uttarakhand and Sikkim, 70% of the cost of the installation will be paid by the Central Government according to the Ministry of New and Renewable Energy.
(It is to be noted that this subsidy scheme applies only for residential, social and institutional sectors and does not apply for commercial, industrial and public sector units.)
Apart from the installation cost, the government offers other benefits as well:
- Customers who wish to install solar panels can secure priority sector loans up to the limit of INR 10,00,000 from national banks.
- Customers can also get electricity generation incentives – INR 2 per unit of electricity produced.
- Electricity produced in surplus can also be sold. A regulated cost per unit as set by the government shall be received.
Concluding Thoughts
Now that you know what a solar panel is, how it works, and the various types, you can consider buying a solar panel without thinking twice. A solar panel is an investment worth every penny.
You can choose from our wide range of solar PV panels. With PID resistance technology, weather resistance, advanced EVA Encapsulation and excellent low-light performance, our of solar panels offer you the best features and output. You can make your selection on the basis of wattage and voltage to choose the one that fits your requirements the most!
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