Solar energy can be collected in many ways, mostly with solar photovoltaic panels turning the rays of the sun to become usable electricity. Aside from using photovoltaic cells to produce electricity, in thermal applications, solar energy can be used for heating indoor spaces. Commercial and residential property owners will install hot water using solar power systems and plan the structure to take full advantage of solar energy. 

The very first silicon solar cells were developed in 1954. Even if solar energy was previously converted and captured into usable power using various methods, after 1954, solar power only became a viable electricity source to power up devices for a longer period of time. At an efficiency of 4 percent, the first few solar cells are used convert solar radiation into electricity. A lot of the solar panels sold these days can convert the sun rays into solar energy at an efficiency rate of above 20%, a value that is constantly rising. 

Solar Energy Benefits 

Although at first the introduction of solar power was quite slow, several federal and state policies and incentives helped drive down solar panel costs long enough to be implemented more broadly. Right now, solar energy is adequate to power millions of the country’s households. 

Solar energy costs Along with increasing solar panel power, solar energy costs have dropped substantially. The price of installing solar panels have dropped by more than 60%, and a lot of industry experts expect prices to go down in the coming years. However, depending on where you are, many rebates or solar incentives may contribute to further reducing solar energy costs. Tax credits are among the key benefits that are available to those interested, as it lets you subtract from federal taxes 30% of the solar system cost. Several other utilities offer additional benefits like net metering, which further raise solar power costs. 

Solar energy can be considered as a renewable energy source. It is clean, renewable, inexpensive energy source that can be harnessed almost anywhere in the whole world. It works anywhere sunlight reaches the earth’s surface is a possible location for solar power generation. Because solar energy systems come from light, it’s an infinite power source. Renewable technologies generate infinite-resource electricity. For example, contrast renewable electricity to fossil fuels.  

Renewable Power Source  

Developing oil, coal, or gas takes hundreds of years. So, each time the resources were burned to produce electricity, they move closer to being depleted. Using renewable resources to create electricity like wind, hydropower, and solar won’t deplete the resource. Consistent sunshine will always shine on the surface of the Earth. In the future, there’s infinite sunlight to convert into energy. That’s the main renewable energy. 

 In many adjacent areas, rapid national and global expansion of solar energy has also caused parallel growth. Energy storage, as well as electric cars are the two markets that can boom along with solar energy by growing the solar benefits. 

Since solar panels generate power as long as the sun shines, it has become very important to store unused generated energy for later day-round usage. Solar batteries, for example, store energy and could be used in low-solar cycles. Solar energy storage solutions that go with all sizes of solar panels to provide additional benefits, ranging from energy efficiency to grid stability and low-cost electricity.