Are Solar Panels Efficient

If a solar panel has 20 percent efficiency that means it s capable of converting 20 percent of the sunshine hitting it into electricity.

Are solar panels efficient.

High quality solar panels can exceed 22 efficiency in some cases and almost reach 23 but the majority of photovoltaic panels available are not above 20 efficiency. Solar panels are usually able to process 15 to 22 of solar energy into usable energy depending on factors like placement orientation weather conditions and similar. The amount of sunlight that solar panel systems are able to convert into actual electricity is called performance and the outcome determines the solar panel efficiency. The average efficiency of solar panels falls between the 17 to 19 percent efficiency range.

Due to the many recent advances in solar cell technology over the last 5 years average panel conversion efficiency has increased from 15 to 20. Efficient solar panels are considered to be the most important parameter when you are installing a pv system and a great way to use renewable energy. For example a solar panel with 20 efficiency and an area of 1 m 2 will produce 200 kwh yr at standard test conditions but it can produce more when the sun. The highest efficiency solar panels on the market today can reach almost 23 percent efficiency.

The efficiency of the solar cells used in a photovoltaic system in combination with latitude and climate determines the annual energy output of the system.