Solar energy has had a reputation of being an expensive form of renewable energy, due to the high average cost of solar panels as well as high installation and maintenance costs. But as technology develops, and a lot of research is being conducted in the field of solar energy, the costs have shown to be dropping. How much do solar panels cost today, and how high are the solar panel installation costs?
Today efficient provision of energy is crucial, and since non-renewable sources of energy will eventually be depleted, we must transition to other, renewable sources. The four main sources of non-renewable energy today are oil, natural gas, coal and nuclear energy – some of which also have a substantial negative impact on the environment. However, there are cleaner options – renewable energy, that naturally will not run out or be depleted. The main sources today are wind energy, hydropower, biomass, geothermal energy, and of course, solar energy.
The rising number of renewable energy systems installed has as consequence the downfall of the bulk price of energy, while reducing the commercial value of traditional fossil power plants. In fact, in some cases earnings take such a downturn that the closure of some of these plants is now more than an option.
Often misinterpreted as synonyms, the concepts of Grid and Market Parity must be kept separate. With Market Parity, we usually refer to the competitiveness of the renewable energy price compared to conventional energy on the electricity wholesale market. Grid Parity instead outlines the condition in which the self-production of energy is cost-effective compared to retrieving electricity from the grid. Grid Parity has been already achieved on the italian market.
Over the past year, we have worked very hard on a new solution that focuses on serving our customers more efficiently and meeting all their needs. The ever-increasing number of transactions handled through our online marketplace and service portfolio shows that we have become a trusted partner to the industry and that we have learned a lot about what our customers need and what we can do to better serve their needs.
Meet us again this year at the Intersolar in Munich. From the 15th to the 17th of May, our team of international PV experts is looking forward to meeting you personally over a good cup of coffee. You will find us in the hall B2, booth B2.237.
