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The future of solar power

There is a change coming in the solar power market.

Shanaka Thanapathy by Shanaka Thanapathy
26-08-2013 16:10
in News

ALTHOUGH many people have promised that solar power is the solution to all of our energy problem, the take-up of this solution has been slow. While the potential of solar power is huge, up until now, it has fallen short of being the solution that changes the world. Individuals have been able to benefit but even then, the early adopters of solar panels and solar technology have done so more in a pursuit of environmental achieving as opposed to greatly reducing their energy bills.

There is a change coming in the solar power market though and anyone looking to see solar power being used in a large way should turn their focus towards Africa.

You only have to look at the rate of growth in solar power in Africa to realise that there is a great deal of focus being placed on the importance of this energy source. It is the ideal source of energy for Africa, given that they are blessed with an abundance of sunshine thanks to the continents position in relation to the equator. With many countries in Africa experiencing rapid economic growth, and a huge reliance on coal for current energy, there has been a need for Africa to switch its energy focus. So far, the move to solar power has been a huge success in Africa and with companies like Google investing heavily in this technology, there is likely to be further and sustained growth.

The merits and benefits of solar power energy in Africa is a strong indicator in how this energy source is going to be developed all around the world. Other countries may not be able to benefit from the levels of sunshine that African can boast of nor will other countries have the desperate need for solar power energy that Africa holds but when the benefits are analysed, plenty of countries around the world will look to get more of their power and energy from solar power.

The benefits that have always been lauded and cited during solar power discussions are still prevalent. This form of energy is cheaper to produce and it can be produced without any negative impact with regards to pollution. With the number of natural sources of energy diminishing greatly and the ones that are still present providing cause for concern with regards environmental issues, it is easy to see why solar power remains on the table.

In Australia, AGL Solar Energy unveiled Australia’s biggest solar energy plants. There will be 2 million photovoltaic panels installed in the NSW outback, which will supply 50,000 homes with electricity.

Technological improvements provide the game changer

However, the technology that turns the heat and warmth of the sun into energy is evolving and this is likely to be the game changer. The cost and positive return of solar power has not always been effective, meaning many companies like the idea of solar power but perhaps not the capabilities of it. This is why there has been a big change in what is on offer because it is possible to get more energy from smaller panels. This has seen governments and businesses revise the possibilities of solar power and this will be what drives the industry forward in years to come. Solar panels have a good lifetime; they can be expected to last for a quarter of a century if kept in good condition, so this has always been a positive factor in their use. However, if the new wave of solar panels can now bring about superior returns without compromising on the environmental issues or long-term costs, it is only natural that businesses want to make more of this opportunity.

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While the real change in the future of solar power will come from governments and major international businesses stepping up their use of solar energy, there will be scope for individuals to benefit. While the savings for large scale solar power farms will provide a real incentive, more people will be able to use solar power at home or in the garden. Saving money and saving the environment is never going out of fashion from this point on, so solar power is going to remain a hot topic.

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