A solar panel functions by allowing photons (particles of light) to facilitate the free flow of electrons, thereby generating electricity. It consists of several photovoltaic cells in a sandwich-like structure made of semi-conductor material, mostly silicon.
Silicon is mounted beneath non-reflective glass to produce photovoltaic panels that help collect sun photons and convert them to DC power. This DC electricity then flows into the inverter, transforming it into Alternating Current that is used by appliances. Solar panel price can be affected by several factors, such as the type of panels, size, and more.
Read on to understand.
Solar Panel Price and Types in India
Solar panels can be categorized based on a variety of parameters which also has an impact on the solar panel price. These parameters include the number of junctions and the generation the panels belong to.
For example, based on several junctions, there can be multi-junction or single junction panels that differ in terms of the number of layers in the solar panel. Also, the material and efficiency of other solar panels play an important role.
Monocrystalline Solar Panels
The monocrystalline solar panels have a dark appearance and rounded edges. These panels have the highest efficiency due to the high purity level of silicon used. In addition, they have a differentiating quality of occupying less space and offer increased durability with higher power output.
Monocrystalline panels are available in different efficiency ranges. Therefore, the monocrystalline solar panel price differs based on the wattage and the efficiency. Surprisingly,in the case of monocrystalline panels that have the highest efficiency, solar panel price is also the most economical.
Mono PERC Half Cut Solar Panels
Mono PERC half-cut solar modules have solar cells cut in half, which helps improve the performance of the solar module and its durability. In addition, when solar cells are cut in half, the number of resistive is lowered, and the power produced by solar cells is higher.
As a result, half-cut solar cells have huge benefits over conventional solar cells. More importantly, half-cut solar cells offer both improved durability and better performance. In terms of performance, half-cut cells are more durable thantheir conventional counterparts because these cells forming Mono PERC half-cut solar panels are smaller in size and, at the same time, more resistant to cracking.
In short, when it comes to solar panel price, Mono PERC half-cut solar panels successfully suffice its cost. Furthermore, apart from the solar panel price factor, the Mono PERC half-cut solar panels have a higher output rating and more reliability.
Solar panels have been available to generate electricity in homes in India for quite some time. Still, it was not economically feasible for most Indians to benefit from this technology for a long time.
Today, a drop in solar panel prices has only led to more effective government-initiated policy-level implementations. As a result, as of 2022, the solar panel price for homes looks quite lucrative, and the market is more organized today than ever before.
Read more: 4 Cost-Efficient Solar Energy Technologies for your Household
On a Parting Note
Solar panels generally come with a performance warranty of 25 years from the time of supply with little to no maintenance required. Solar is a renewable energy source, reducing electricity bills, and improving your green footprint.
Visit the Luminous website to understand the different solar panels available and choose the right solar panels at the most affordable price today!
