The solar and solar energy industries have experienced explosive growth over the past 10 years, and today it is a definitive, competitive renewable resource. In addition or because of this, solar energy has always been surrounded by rumors and false facts. The five rumors that most commonly exist in the field of solar energy will be cited below and the truth will be revealed.
Myth #1: Compared to the energy produced during the life cycle of solar cells, the production of solar cells requires more energy; or the production of solar cells generates more carbon dioxide than the savings in the carbon dioxide emissions of solar cells during their life cycle.
Truth: It is completely incorrect. Today, the solar energy recovery period of silicon solar cells is less than 2 years, and the energy recovery period of thin film solar cells is less than 1 year. After this period, energy and carbon dioxide are stored and accumulated during the remaining life cycle of the solar cell (usually 25 years). This makes solar cells very environmentally friendly.
Rumor 2: Without subsidies, solar energy is not financially viable.
Truth: Subsidies are being phased out, and technological advances are making solar cells more efficient. Now, the price of solar energy in the United States is already lower than the market price of electricity in any region of the world. In the past year, the cost of solar energy has rapidly declined so that it can compete with the cheapest fossil fuels.
Rumor 3: Once the "scam" of global warming has been revealed, no one will be interested in solar energy.
Truth: Whether you believe in global warming or not, most people choose to believe that solar photovoltaics is an attractive way to produce their own electricity at low cost. Solar energy may also be the cheapest way to generate electricity in sunny regions. It can bring independent energy to individuals, businesses, and countries. Of course, it is also a potential job creator. Therefore, regardless of whether or not global warming is credible, it will not have any impact on the benefits of solar power.
Myth 4: All solar cell manufacturers are losing money.
Truth: Some manufacturers are losing money, but not all of them are. Many silicon solar cell manufacturers compete in the same field with the same technology, so their situation is more difficult. Other areas are more profitable, such as thin film, lightweight and elastic solar panel fields.
With the rapid changes in corporate leadership and the market, the solar industry is still immature. What we see today is a traditional consolidation period for an emerging industry. There are winners and losers. The surviving participants will have a bright, profitable future.
Of the winners in the future, there will be those roofing and construction companies, because they have insight into the integration of photovoltaic building must be the star of tomorrow. Solar cells will be better integrated into roofs and facades. Current building materials manufacturers will have a great opportunity to gain market share in this area.
Rumor 5: Solar energy will become attractive only when Tesla or other battery manufacturers begin mass production of cheap, high-efficiency batteries for commercial storage.
Truth: Solar energy is already a very cost-competitive energy source. Cheap, efficient batteries are bound to enhance their appeal, but the fact is that solar produces electricity when sunlight is most abundant, which makes it less dependent on energy storage than other energy sources.
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