ReleaseWire Connect

Even without subsidy for almost 18 months, the solar panels in the UK market remains competitive. According to the National Grid, the prices of the solar panel declined constantly, this in turn makes the solar panels affordable to the public. The current cost of solar panels nowadays is about the same as the energy coming from the conventional sources. And with the changes in solar panel prices, better penetration and manufacturing – parities are now being estimated by the National Grid in the next 18 to 24 months from the other sources of generation.

One of the greatest global challenges is to be able to find the best solutions in reducing the electric consumption cost. However, with continuous research and innovations, saving on energy costs has become possible with the discovery of the solar panels. Solar panels have become the answer to every nation's dilemma especially in terms of producing usable electricity by converting natural energy from the sun with the use of the photovoltaic cells.

One of the dilemmas that the entire global community is facing at this point is the climate change where most nations experience typhoons that are more devastating while some have unusually long periods of drought and an extremely long fiery summer. When a country experiences extreme temperatures especially the hot season, people are in desperate need to find ways to at least lessen the burning heat, but in a more practical way.

Recently, Google launched its latest project initiative where people will benefit from it. The "Project Sunroof" which came from the "20 percent project" initiative of engineering lead Carl Elkin, is said to be the next big thing in the solar industry as this will help people calculate the hours of sunlight per year and get estimates of the possible savings through 3D modeling. And with the continuous plummeting solar panel cost, this will become even beneficial to people because they will now have a clearer picture on the direction of their solar panel investments.

The sun provides many wonderful benefits for the human race to consume. It supplies energy that people around the world can use; an energy that poses not only great things for the environment but great advantages for the economy as well. Many third world countries could use this free energy by utilizing solar panels.

Solar cells or photovoltaic cells are the basic electrical device that makes up a solar panel or a photovoltaic module; and which is directly responsible for converting energy from the sun into useful electrical currents through a combination of physical and chemical process called photovoltaic effect. Solar cells differ in terms voltage, resistance and current capacity especially when exposed to natural or artificial light sources in different degrees and length of exposure.

Solar panels have been the answer to the many prayers of consumers who are already fed up with the expensive energy bills. With solar panels installed in their homes, homeowners will now be able to generate power, receive great returns from the Feed-in-Tariffs and be able to save large sum of bucks because the cost of the energy bill will be lessened. Yet, despite the many benefits that solar panels can contribute to the people, many are still in doubt with the worthiness of having solar panels installed at home – now that the UK government is thinking of removing the subsidies in solar panels in the most crucial time where people are starting to acknowledge the great help solar panels can give.

Solar panels today is on the center stage and have been receiving lots of standing ovation and applauses for the remarkable benefits that it can give to people. In fact, solar panels is considered to be one of the best invention in the 21st century because it is not only a few people who will be able to get a chance to utilize it, but the whole world. Plus the fact that it is clean energy, it could be renewed and that it is readily available because it is coming from the sun. And to be able to harness this clean energy, what people need is a medium that will convert into energy that every household and sector can utilize and that is solar panels.

Climate change has become one of the factors why many people are now motivated to install solar panels on their homes. Despite the plummeting prices of this technology, and availability of free solar panels that some companies provide in exchange for the tariffs, the global solar energy market continues to soar. In fact, China dominates the solar industry and is expected to install more solar photovoltaic modules this year that it will reach 55,000 megawatts which according to the researchers, is the highest annual total today.

When the solar panels and its use in the production of electricity were first launched, the costing is really very exorbitant brought about by the overhead costs including the production and price of the raw materials use. But the next generation in terms of production of solar panels is now relatively cheaper, much safer and very promising when it comes to the innovative moves to improve the production of solar energy in the future.