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Advancements in Solar Technology Improve Your Solar Investment and Your Solar Efficiency

Improved Absorption Rates Leads to More Energy Efficiency.

The average absorption rate of a residential, photovoltaic (solar) panel is between 15-20%. Advancements in solar absorption could soon lead to improving your energy efficiency, as well as your solar investment. According to a BBC article, written by Padraig Belton, solar technology is the fastest growing energy technology. The entire industry is expanding. Competition has fueled improvement in the absorption, conversion, and storage of solar energy. The innovators leading the way for renewable energy are effectively responding to the growing, surging market.

In the past decade Solar panels have improved absorption by approximately, “12%,” according to Belton. It may not be much longer before the average surpasses 20%. Scientists and engineers all around the world are working to make significant breakthroughs in technology. Silicone is still the number one material for residential panels, but this could soon be changing.

Better Materials Lead to Better Performance.

Some of these, harnessers of the sun, are working on combining different elements and materials to improve efficiency. Others are relying on perovskites. Belton wrote of perovskites, “… named after Count Lev Alekseevich von Perovski, a 19th Century Russian mineralogist. These have a particular crystal structure that is good for solar absorption. Thin films, around 300 nanometres (much thinner than a human hair) can be made inexpensively from solutions – allowing them to be easily applied as a coating to buildings, cars or even clothing.”

Improved Batteries Lead to Higher Efficiency.

We are at the cusp of another significant advancement in technology. Researchers are looking to improve batteries and their capabilities of storage; while modern day appliances are being designed to be less energy consuming. It is only a matter of time before the average absorption rate reaches 40%.

Learn more by contact Region Solar.

Solar is already a tremendous investment opportunity. This is because of how quickly homeowners see a ROI; the average return on investment is less than a decade. People will only continue to convert over to solar. The Investment Tax Credit, or ITC, along with your states’ rebates, credits, or exemptions make the start-up costs much more affordable. To learn more check out more of our blogs and our website.  

Perovskite Could Soon Combine With, Or Replace Silicon Cells

Perovskite Solar Could Soon Combine With, Or Replace Silicon Cells

In late March, a $128 million initiative was launched to improve the costs of solar power. “A significant chunk of the money went to research into materials named after an obscure 19th-century Russian geologist and nobleman: Lev Perovski,” wrote Tom Metcalfe of NBC News. Scientists are on the cusp of discovering a better, more efficient photovoltaic solar cell. It is almost daily that new innovations and technologies are introduced within the solar energy market. Scientists are working on a new solar cell made from a type of crystallized mineral: Perovskite Perovskite could revolutionize solar cells by making it more efficient.

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How Babcock Ranch Proved Solar Can Develop Cities

How Babcock Ranch Proved Solar Can Develop Cities

In 2016, the first solar panels were installed in Babcock Ranch, Florida, the Hometown of Tomorrow. Babcock Ranch considers itself to be the country’s first solar-powered town. They have become a beacon for solar energy, with over 700,00 panels installed over 800 acres. This week we will take a closer look at what Backcock Ranch means for solar energy and how it can develop in America.

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Why Small Scale Rooftop, Residential Solar Is Better Than Massive Solar Farms

Why Small Scale Rooftop Residential Solar Is Better Than Massive Solar Farms

The unprecedented growth in the solar market is a marvel. It is the result of an industry that found a way to deliver a sustainable and cost-friendly alternative to fossil fuels. The Covid-19 pandemic furloughed many Americans and forced many others to work from home. Yet, solar companies were able to adapt. Internet sales replaced door-to-door sales, and the entire solar market outperformed expectations. Solar capacity has increased drastically, and there seems to be no sign of the industry slowing down.

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Biden’s Infrastructure Plan: What It Means For Federal ITC & Solar

Biden’s Infrastructure Plan: What It Means For Federal ITC and Solar

President Biden unveiled his infrastructure plan this week. It’s a massive $2 trillion investment over eight years. The proposal is aptly named the “American Jobs Plan.” It looks to spur job growth while addressing the aging infrastructure. We have previously covered what a Biden presidency could potentially mean for solar energy and other renewables. The infrastructure bill includes $174 billion designated to address climate change directly. The bill intends to boost the electric vehicle market while another $100 billion is committed to upgrading the nation’s electrical grid. These efforts put the country on track for Biden’s goal of zero-emission by 2050.

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Another Glowing Report With High Expectations For Solar

Another Glowing Report With High Expectations For Solar

The U.S. Solar Market Insight is a quarterly report done by the Solar Energy Industries Association (SEIA, and the research firm, Wood Mackenzie. The report’s goal is to analyze the trends within the market and make projections accordingly. The latest report found that the solar industry “set a record last year and is on track to quadruple.”

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Region Solar has been serving Sarasota since 2007. Speak to one of our experienced Solar Specialists today.