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Pros and cons of solar power generation for enterprises

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Pros and cons of solar power generation for enterprises [PDF]

6 FAQs about [Pros and cons of solar power generation for enterprises]

What are the advantages of using solar power?

According to Jatanben D.Thakor, Sarpanch of Modhera, the use of solar power has reduced power bills significantly, which were above Rs 1000, to almost zero. Solar panels have been installed at all feasible houses free of cost. An additional benefit is that in case of excess power, residents earn extra income.

Are solar power plants safe?

Solar power plants also have less safety risks than fossil fuel plants. Once built, solar power plants have extremely low operating costs, since their major input, sunlight, is free. There are, however, several major disadvantages that historically have kept solar power from becoming a major supplier of energy.

Will solar power increase in 2015?

In order for solar power to make further gains, the efficiency of solar cells will have to go up, and the price of solar cells will have to go down. The EIA expects nearly 100% increases in solar capacity in the U.S. between now and 2015. This will likely lead to a drop in prices as increased demand stimulates greater production.

How many terawatts of solar energy are there?

With an estimated 173,000 terawatts of solar energy continuously hitting Earth's surface (1), there is more than enough energy to meet the world's current consumption levels of 15 terawatts per year (2). The trick, though, is collecting it. Solar energy is primarily collected in one of two ways: photovoltaic solar cells and solar thermal.

What is solar power & how does it work?

Solar power is the conversion of the sun's energy into electricity. With an estimated 173,000 terawatts of solar energy continuously hitting Earth's surface (1), there is more than enough energy to meet the world's current consumption levels of 15 terawatts per year (2). The trick, though, is collecting it.

Can solar panels collect energy at night?

Solar panels can't collect solar energy at night and the amount they collect during the day varies based on the season and time of day. Solar panels aren't very good at converting sunlight to electricity - most solar panels have at best a 20% efficiency rate (7) And their costs are high.

Solar Pro.