Hello, fellow solar enthusiasts! Today, I’m bringing you exciting news from the world of solar technology, specifically touching on bifacial PV modules and advanced tracking systems. I strive to keep you on top of all the latest trends and innovations in the solar industry, especially if you’re scouting for the best solar array for home.
Bifacial tracking systems, as the name suggests, comprise of solar modules that can capture sunlight from both sides. This fantastic advancement in solar technology enables them to harness solar energy with increased efficiency. When these bifacial modules are combined with single-axis tracking, which ensures the solar panels move in sync with the sun, their energy output can increase by up to a whopping 35%! Isn’t that mind-blowing?!
According to the International Energy Agency’s Photovoltaic Power Systems Programme (IEA-PVPS), bifacial tracking systems offer the lowest levelized cost of electricity (LCOE), making it the most cost-effective choice amongst solar options for a staggering 90% of the worldwide populace. This certainly pushes the conventional solar panels for your home to the backseat!
The bifacial modules with bifacial cells are undeniably overtaking monofacial technology, foreseeing a prestigious market share of over 70% by 2033. Additionally, tracker companies, particularly those offering single-axis trackers, are gaining momentum too; expected to helm over 50% market share by 2033.
These solar companies are innovating relentlessly, targeting specific markets like agrivoltaics, nonagricultural or usable land, and highly sloped terrains. Another impressive development is the concept of backtracking. Offered by the tracker companies, backtracking allows quick adjustment of tilt angles during harsh weather conditions like hail, snow, or strong winds, thereby protecting the solar array.
The IEA-PVPS’s efforts in producing these enlightening insights will undoubtedly assist companies and developers in designing top-notch, performance-focused PV systems. As a committed solar aficionado and passionate researcher, I eagerly look forward to their forthcoming report and will continue to share all the valuable information I gather along the way.
Whether you are new to solar or already plugged into the benefits of solar energy, understanding these technological advancements is crucial in making smart decisions. Whether you’re researching a solar company or planning to install solar panels for your home, remember: knowledge is power, and in this case, it’s literally about power – solar power! Stay tuned, and keep yourself charged up with all things solar!
Original Articlehttps://pv-magazine-usa.com/2024/07/11/bifacial-pv-single-axis-tracking-produces-cheapest-electricity-says-iea-pvps/
