Tag: solar panels

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What to expect from solar systems in 2017

The past few years have been hugely successful for solar power. Homes and businesses alike have benefited from having solar systems installed, and the environment has benefited from the use of this clean energy. The industry itself has seen a massive drop in the price of solar panels, even though the community has not been completely supportive.

But what many people don’t know, is that in 2016 solar panels became cheaper to use than fossil fuels.

As with any renewable technology, there were bound to be a few setbacks when solar power first became a reality, but even with the few setbacks, solar power has soared ahead to remain one of the most popular sources of Green energy.

In more than 30 countries, solar and wind power became cheaper than fossil fuels in 2016, according to a report released by the World Economic Forum in 2017. And as prices for solar power continue to plummet, it is estimated that in 2017 more than two-thirds of nations on the planet will have “grid-parity” which means there will be a drop in the completely relying on fossil fuels.

“Renewable energy has reached a tipping point,” Michael Drexler, who leads infrastructure and development investing at the WEF, said in a statement. “It is not only a commercially viable option but an outright compelling investment opportunity with long-term, stable, inflation-protected returns.”

But while the support for solar power will continue to grow in 2017, investment from the rest of the globe is still not what it should be. This means that there are not enough investments coming in to avoid the looming global energy crisis. Only 25% of the investment amount decided upon at the Paris Climate Change Accord has been paid and because many of the barriers preventing the payments from being made are politically motivated, overcoming this barrier will take time and policy changes. Other factors preventing the money from being paid over include economic setbacks such as contracts not being standardised and the lack of a steady track record, drawn up by financial institutions, which needs to in place to reassure the investors.

Although this may be seen as a setback in 2017, the lowering of prices for solar power will triumph in the end, especially as solar power looks set to outperform all forms of fossil fuel energy within the next decade.

There are promising developments for solar systems in 2017
There are promising developments for solar systems in 2017

 

Solar power developments in 2017

The development of solar panels and their accompanying systems are set to go into overdrive in 2017, as we see the development of solar panels embrace technology in ways that it has not previously been seen. Solar panels are also set to become more energy efficient.

At Cambridge University, experimental physicist Sam Stranks has been trying to develop ways to make solar power less expensive to harvest and more efficient once it has been collected. His idea is to place a mineral layer of perovskite onto the solar cell which will be used to boost the efficiency of the cell.

According to Stranks, “We could take a silicon solar panel with a lab record efficiency of converting sunlight to electricity of 25 percent, add a perovskite layer, and boost the power generation by a fifth,” says the 31-year-old. “For a solar cell, the maximum efficiency is around 30 per cent – but with one of these perovskite ‘tandem’ layers it could go up to around 50 per cent.”

This is a wonderfully positive development and if it becomes successful and enjoys widespread popularity, it could become one of the important developments in solar power in 2017.

In 2017, the solar industry also hopes to see more commercial businesses transitioning towards renewable energy. There are many businesses who are serious about only using renewable energy. Take for instance Google. Just last year Google announced that they would be relying 100% on Green Energy and Green Energy initiatives in 2017. They are not the only corporate giant who is making this commitment to the planet.

2017 will be filled with new opportunities to change the way that you access and harness electricity. At Green Leaf Alternative Solutions, we can supply Green systems such as solar systems, grey water systems and LED lighting which will help you to make your own commitment towards a Greener future.

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2017 might be the year that solar power becomes cheaper than coal

2017 is already shaping up to be an interesting year, especially in the renewable energy industry. One of the reasons that this year is going to make a memorable impact is because it is predicted that in some countries, renewable energy, solar power, in particular, is set to become cheaper than burning coal.

This could be the biggest turning point in Green energy history!

In December 2016, the World Economic Forum announced that solar energy and wind energy have become the same price as coal and, in some instances, the price of renewable energy has dropped below that of coal.

“In an increasingly larger number of countries, it has become more economical to install solar and wind capacity than coal capacity,” the WEF report stated.

While South Africa is making great strides towards changing over to renewable energy, in 2016 it was countries like Chile and the United Arab Emirates, that broke new records.  These countries were able to generate electricity using solar power for less than 3 cents a kilowatt, which is half of the average global cost of energy generated from coal.

This year other nations are aiming to drop prices even lower, with Jordan and Mexico being just two of the countries that are using auctions and tenders to drop prices.  Companies in Europe, which have already proven that their techniques for dropping prices using renewable energy have worked, are reaching out to new markets in new countries in the hope of sharing their expertise.

Solar prices have been dropping since 2009, with more affordable materials and more effective techniques being used to generate electricity using sun energy.  In fact, since 2009, solar prices have dropped by up to 62%. This price lowering has had a far-reaching effect on other areas of the construction industry.

According to Bloomberg New Energy Finance, by 2025 we could very well see a global-scale drop in solar power, pushing coal prices higher than solar energy prices.

“These are game-changing numbers, and it’s becoming normal in more and more markets,” said Adnan Amin, International Renewable Energy Agency’s director general, an Abu Dhabi-based intergovernmental group. “Every time you double capacity, you reduce the price by 20 percent.”

The renewable energy industry is set to grow in 2017, with prices dropping around the world.
The renewable energy industry is set to grow in 2017, with prices dropping around the world.

Change is coming

While this is a fantastic development and a victory for renewable energy, the world will not be ready to completely break away from fossil fuels in 2017.  Even with lower prices infrastructure still needs to be put in place on a larger scale. The complete changeover is going to take many years to accomplish and in the meantime, the focus will be on reducing just how much we rely on non-renewable energy.

But technology is changing and developing all the time, so the change will come sooner rather than later. Scientists are always working on the next best techniques to shake up the bustling industry. Some examples of new technology being used to benefit the solar industry include using diamond wire saws that are more efficient to cut the wafers (exceptionally thin semiconductor material) and manufacturing cells that are able to store more energy from the sun.

Today, the Green energy is inching its way towards being an equal competitor in the energy industry. This comes after almost a decade of commercial solar energy and numerous advancements and developments.

2017 is going to be a remarkable year for solar power and this year will hopefully be a precursor year to more exceptional developments.

You can equip your home or business with solar technology from Green Leaf Alternative Solutions. We have a selection of solar systems including solar panels suitable for a variety of building structures. Contact us or browse our website to find out more about how you can Go Green.

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