5 Interesting Facts About Solar Energy
Solar energy is a fascinating concept especially because it is one of the foremost sources of green energy in the world today. There are so many solar power projects springing up each day, and it is getting increasingly important that people begin to understand the advantages of this incredible power source. Even as the various applications of solar energy broadens, there are so many facts about it that remain unpopular. So, here are a few things that you should know about solar power system;
1. Solar Energy is More Affordable Than Fossil Fuels
Natural gas is considered to be one of the cheapest forms of fossil fuels. However, most researches have revealed that solar energy is even cheaper than natural gas in the long run. Hence, it won’t be long before solar energy replaces most forms of fossil.
2. China Has the Highest Number of Solar Power Installations in The World
According to many pieces of research, solar installations in China reached about 50 GW of solar power in 2017 alone. Putting this in perspective would mean that they were able to power an extra 82 million homes that year. China and the USA have been known to be major trendsetters for global development. So, it is very likely that other countries will begin to follow suit as the years go by.
3. Solar Panel Costs Have Dropped by 99% Since 1977
have fallen over the years. According to data collected by Solar Energy Industries Association and GTM Research, the general price of solar panels has fallen by 99% since 1977 to make room for affordability. This has helped in the completion of many solar power projects as high costs have used to be a major hindrance in the past, but this is no longer a challenge.
4. Solar Energy Plants Can Exist for Over 40 Years
Most solar power plants in existence today have been built from sturdy and high-quality materials whichare estimated to last for over 40 years. By implication, they are capable of continuously supplying electricity for 40-50years without the need for major infrastructural changes. This shows how effectively solar power plants could easily replace electrical grids.
5. Solar Energy Is the Most Abundant Power Source in The World.
According to many scientists, the amount of solar energy that hits the earth each hour is more than enough to power the world for a whole year. Compared to every other green energy source, the sun is infinitely abundant, and this is what makes it a very effective power source. Solar power has the potential to become the major power sources on earth, and we have barely scratched the surface of all the possibilities we could achieve with it. Nonetheless, it remains one of the few clean energy sources we have today, and it is one of the few ways we can tackle climate change. So, if you are looking to migrate to solar energy as an alternative power source, simply reach out to a solar installation company to help get you started.
Read More:
Benefits of Solar
What Is A Solar Battery And How It Can Fit Into Your PV-Based Energy Supply System
