Few Myths and Facts about Solar Energy

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In the last decade, Solar powered energy and the solar industry has gathered a lot of popularity. Today, it is a well-established and competitive renewable energy source. Regardless of this, there are so many myths, rumors and fake arguments about this renewable energy source prevailing in the mind of people. Below mentioned are some of the most common types of solar energy myths and the real facts. Have a look:

Myth 1: A lot of energy is required to manufacture a solar cell than it’ll generate underneath its life cycle. On the other hand, a lot of CO2 is created to manufacture a solar cell than it’ll save underneath its lifetime. However, in reality this is not true. Nowadays, the energy payback for silicon solar cells is below two years and for thin film solar cells the energy payback is below one year. After that period, the energy and CO2 is saved and gathered throughout the remaining lifetime of the solar cell, which is approximately 25 years. This makes solar cells, incredibly environmentally friendly.

Myth 2: Solar power isn’t economically feasible with no financial backing. However, the fact is that the financial backing or subsidies are by and large quickly eliminated and innovative progressions keep on making solar cells more economical. Solar energy is currently less expensive than purchased electricity in terms of market prices, nearly all over the world where the sun shines. There has been a speedy decline in solar energy prices over the last few years to the purpose that it competes favorably with even the most affordable fossil fuels.

Myth 3: Once the global warming “scam” is uncovered, nobody will be keen on solar powered energy. However, in reality whether one believes in global warming or not, photovoltaic solar energy is an exceptionally appealing method for producing your own electricity at a low predictable cost. It is almost certainly the least expensive approach to produce electricity in sunny regions and conveys energy independence to individuals, businesses and nations alike. Additionally, it is a potential job creator. Therefore, global warming generally has nothing to do with the advantages of solar power.

Myth 4: All sun powered cell producers lose money. The fact is not all the solar cell manufacturers lose money. Numerous producers of silicon solar cells compete in the same fragment utilizing the same technology. They are having a hard time. Other segments are quite profitable like thin, light-weight and versatile solar panels. The solar power business is immature, with consistent changes of leadership positions and markets. A traditional consolidation phase in a new and fledging industry is emerging with winners and losers and with surviving players confronting a splendid and productive future.

In the United Kingdom, a large number of energy suppliers these days, are aiming to create a cleaner energy future for their customers. They are investing in renewable energy like wind and hydro and bringing in pioneering ways to assist their customers to have a cleaner, healthier, more energy efficient home. One such prominent energy supplier in the UK is Scottish Power. Formed in 1990, the company mainly deals in providing gas and electricity to over 5 million customers in the UK. One can use Scottish Power Contact Number to know more about their services.

 

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