Throughout the world, many companies are working hard to improve how consumers and businesses receive solar power. With that in mind, one company made waves recently after announcing their panels will be receiving a major power upgrade.
Risen Energy recently launched a line of solar modules that produce 500 watts of power. It’s important to learn why this announcement is such a major development. As you’ll soon learn, these new panels could have major implications for the solar energy industry’s future.
Here’s more information about how these new panels look to revolutionize solar energy.
The Energy Revolution
According to Energy Sage’s Intel Report, most solar panels provide maximum power within the range of 320 to 330 watts. Considering that, many people expected 400-watt solar panels to arrive soon. But not many people expected to hear news about the release of 500-watt solar panels.
However, Risen Energy’s staff launched panels that jump well past the 400-watt benchmark to create something even more powerful and efficient. Needless to say, Risen Energy’s new panels were a surprise to many within the solar industry.
With 500 watts and 72-cell PV modules, Risen’s new panels will provide the power that commercial consumers have rarely had the opportunity to experience. Could these panels soon usher in a race to get to 550 or 600 watts of power? Only time will tell.
The amount of solar power these panels provide is great, but there is a drawback of using them mentioned in the next point.
The Space Revolution
The news of newer, more powerful solar panels is exciting. With that said, this increase in power does come at the cost of larger solar panels. Considering that, there are many concerns about the space these new panels will require.
As of right now, it’s not likely that you’ll see 500-watt solar panels on top of homes anytime soon. In a recent interview, Barry Cinnamon, the CEO of Cinnamon Energy Systems, noted that you’d “need a lot of area” for these new panels to rest safely.
These new solar panels will also need stronger components to secure them because of their larger surface areas. As these panels become widely available, they’ll be best for large commercial and industrial buildings. At this time, it doesn’t appear that residential roofs are ready for these larger and heavier panels.
There’s another reason that Risen Energy’s new panels won’t be on residential roofs. This is because they’re bifacial, which means these modules collect energy on both sides. Most bifacial panels adjust themselves to absorb as much of the sun’s rays as possible. These moving types of solar panels aren’t frequently installed on residential properties.
The Conversion Revolution
For buildings capable of handling 500-watt panels, the advantages are many regarding conversions. Because these new panels can absorb more energy, most industrial or commercial properties won’t require lots of panels. So, having these panels would be highly beneficial for a company with limited space to use solar power.
However, it will take some time before you see these more powerful panels appearing on top of buildings. Experts estimate that it should take about five years before these panels become anything close to a standard in the energy industry. Before this happens, companies will need to make massive equipment changes to work with these larger panels.
Speaking of conversion, this situation should also pressure suppliers to convert their operations to work with Risen’s new modules.
The Trickle-down Effect
Another important thing to think about is the trickle-down effect these panels will have on the solar industry. One notable benefit of installing 500-watt panels is that these large-format modules will reduce labor costs by 6%.
These new panels will also lower the cost of handling, delivering, and installing solar panels. Experts also predict that using 500-watt solar panels will reduce the balance of system costs. Matt Kesler, OMCO Solar’s Head of Technology, recently told PV Magazine that these new panels would also “drive down the cost of racks and trackers per module.”
Because they need fewer materials and workers to install them, these panels should lower overall project costs. With lower project costs appealing to companies, it might not be long before these panels start appearing everywhere. Over time, this could bring lots of positive changes within the solar energy community.
If this news has you interested in renewable energy, consider having solar panels installed on your home. By doing this, you’ll save money on electricity costs and help make the world a better place.