How Efficient Solar Panel

Solar panel efficiency is one of the most important parameters when you are considering to install a pv system.

How efficient solar panel.

Factors that affect solar panel efficiency. What you need to know. So if a solar panel has an efficiency rating of 15 that means 15 of the sunlight that hits the solar panels will be converted into electricity. Solar panel efficiency is a measure of the amount of solar energy irradiation which falls on a panel surface and is converted into electricity due to the many recent advances in solar cell technology over the last 5 years average panel conversion efficiency has increased from 15 to 20.

This large jump in efficiency resulted in the power output of a standard size. Solar panel efficiency is a measurement of a solar panel s ability to convert sunlight into usable electricity. Given the same amount of sunlight shining for the same duration of time on two solar panels with different efficiency ratings the more efficient panel will produce more electricity than the less efficient panel. Solar panels have been consistently increasing in efficiency at about 5 annually since 2010.

The average efficiency of solar panels falls between the 17 to 19 percent efficiency range. The highest efficiency solar panels on the market today can reach almost 23 percent efficiency. This factor is not only a reference of quality between a premium solar panel and an average module but it is also a parameter that defines how much energy can be produced.