Solar Panels

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How Much Money Can Installing Solar Panels Really Save?

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What Are Solar Panels?

Why solar start-ups need Uncle Sam

More U.S. solar start-ups arе finding thаt thе route tо thе global solar panel market passes thrоugh government offices.

The meltdown оf thе financial markets ovеr thе pаѕt twо yeаrs mеanѕ thаt state, local, аnd federal incentives arе increasingly pаrt оf thе financial package solar start-ups nееd tо assemble whеn lookіng tо stаrt manufacturing аt lаrgе scale.

Silicon Valley-based SoloPower expects tо hear nеxt month whеther itѕ application tо thе Department оf Energy's loan guarantee program wіll cоmе thrоugh. Without thе loan, private money, аnd incentives frоm itѕ home town оf San Jose, Calif., SoloPower wоuld bе lоokіng tо ramp up overseas, sаіd CEO Tim Harris.

"Globally we're competing wіth thе Chinese, аnd thе government thеrе hаs put billions оf dollars intо fоur solar companies іn thе pаѕt fеw months," saіd Harris. "It's а brutally tough environment tо raise money...so yоu havе tо wоrk аll thе avenues."

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An extra layer of efficiency for solar panels

In a world where cleantech researchers are racing to produce the world’s most efficient solar cell, HyperSolar CEO Tim Young is quietly working to eliminate the bottlenecks around them.

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How Many Solar Panels Do You Need to Power Your Home?

Imagine that you’re trying to determine how many candles it would take to boil a cup of water in a pan. To come to an accurate total, you would need to answer several questions. What type of pan is it? Cast iron? Stainless steel? What is the size of the pan? Before being able to accurately predict how many solar panels you need to power your home, several factors need to be taken into consideration.

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Image by FlaSunshine

Solar panels are flat collections of solar cells which are used to capture the Sun’s energy and utilize it to develop electricity and heat. Since the sun’s energy is so distributed out it requires a collection of solar cells to generate enough energy to create electricity or heat. Solar panels come in different sizes and shapes so that they may be utilized on a number of various varieties of buildings but irrespective of shape or size they are the basically identical.

How do solar cells work?

Solar cells are wafers made of semi-conducting material, usually silicon, joined together with scarcer elements for example phosphorus and boron. The silicon is exactly what captures the energy from the sun and traps it to be utilized for electricity even though the phosphorus as well as the boron help stimulate the molecules and increase the energy which is being received by the cell. As soon as the sun’s rays strike the silicon and are routed by means of the cell the molecules stimulate and move through a connected electrical circuit, creating electricity.

Solar panels transform varying from about 14% to about 22% of the sun’s energy that strikes the panel into electricity. That doesn’t appear much of electrical energy generated however the amount of electric power that a solar panel will be able to generate also depends on where the panel is located and just how much direct sun it gets. Whenever there's no sunlight or the panel isn’t within the directly sunlight it gets little or no sun and will create less or no electricity. The low efficiency of solar cells is a problem to their large-scale use. It takes many large solar panels of solar cells to provide sufficient electricity to power a house or a building.

Solar panels generate electricity that can be utilized for lighting and solar panel energy can also be utilized to heat a house or building. A solar thermal heating program consists of solar panels which are arranged in a distinct spot where the solar panel energy is employed to heat a tank of water. The hot water flows underneath the flooring surfaces of the house, heating them, and then the water is piped back to the tank to be heated up once more.

Thermal solar heating systems work extremely well and are a cost effective and environmentally friendly alternative to expensive gas or electric heating systems. Solar thermal energy is often used quite a bit by people that have pools and outdoor hot tubs to heat the water they use. It’s a lot less expensive to heat a large pool or a hot tub with thermal solar energy than it is to use fossil fuel heaters that can cost a fortune. 

Latest Solar Panel Articles:

DIY Solar Panels - Construction Processes And Material You Need To Build

Buying Used or Discount Solar Panels

Solar Panel News:

May 3, 2011
Optimize Virus for Solar Cells
Researchers from the Massachusetts Institute of Technology (MIT) managed to find ways to improve the efficiency of the process of converting sunlight into energy significantly. The trick, they used a virus to make the assembly process at the microscopic level. The “job” is done the virus include interacting with carbon nanotubes.

May 2, 2011
3D Solar Cell Boosts Efficiency By 80 Percent
Scientists at the USA's Dept. of Energy’s Oak Ridge National Laboratory have created a three-dimensional solar cell which could boost photovoltaic (PV) light-to-energy conversion rates by 80 percent.

May 2, 2011
Hybrid Solar Panel Claims Noted Efficiency
Researchers at Boston College and MIT recently announced that they have created a new hybrid solar thermal panel that generates electricity as well as hot water. The new flat panel platform is said to have demonstrated seven to eight times higher efficiency than previous solar thermoelectric generators, a fact its creators think will open up solar-thermal electric power conversion to a broader base of residential and industrial uses.

April 28, 2011
Scientists Using A Virus To Improve Solar Panel Technology
Solar panels have been around for decades, but they haven’t changed too much in terms of efficiency. Now, scientists at MIT have discovered that by combining a modified virus with nanotechnology, they can improve solar panel efficiency by about a third.

April 18, 2011
SiliconPV: Q-Cells Presents New Solar Cell Technology
Q-Cells SE is presenting new solar cell technology at SiliconPV, the first international conference on silicon photovoltaics (PV) being held on 17-20 April 2011 in Freiburg, Germany.

Earlier Solar Panel News

Books:

A Guide To Photovoltaic (PV) System Design And Installation
Photovoltaic (PV) power systems convert sunlight directly into electricity. A residential PV power system enables a homeowner to generate some or all of their daily electrical energy demand on their own roof, exchanging daytime excess power for future energy needs (i.e. nighttime usage). The house remains connected to the electric utility at all times, so any power needed above what the solar system can produce is simply drawn from the utility.

A Review Of Emerging State Finance Tools To Advance Solar Generation
The U.S. is rapidly becoming one of the world’s leading markets for solar photovoltaic (PV)projects. Installed costs of PV systems are falling, and the extension of the 30% federal Investment Tax Credit is helping to improve project economics, attracting homeowners, commercial building owners, governments, and institutional investors.

Solar Cells and Their Applications
Today, more and more homes on the grid are using solar cell arrays to generate electricity to save on costs of peak electric power. The passage of the PURPA by the U.S. Congress made it possible for a small producer to install generating systems and to sell the power to the utility at a favorable price without the enormous amount of read tape usually required of a new electric power producer.

Handbook of Photovoltaic Science and Engineering
Photovoltaics (or PV) is an empowering technology that has shown that it can generate electricity for the human race for a wide range of applications, scales. climates, and geographic locations. Photovoltaics can bring electricity to a rural homemaker who lives 100 kilometers and 100 years away form the nearest electric grid connection in her country, thus allowing her family to have clean, electric lights instead of kerosene lamps, to listen to radio, and to run a sewing machine for additional income.

Flexible Solar Cells
The photovoltaic material is printed on a roll of conductive plastic [4] using fast newspaper printing technology. Printing enables one to achieve high materials utilization of the photoactive material. As a result, this simple, highest-yield technique in plain air is capital-efficient and eliminates the need for costly vacuum deposition techniques such as conventionally used to fabricate thin-film solar cells (Figure 1.3).

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