The process for Solar Panel
Long before a solar panel (called a module in the industry), can be installed on a roof or home business, there are steps to be carried out. It all starts with plain ol ‘silica sand is extracted through various chemical processes. The refined and almost pure silicon, called polysilicon or poly, is heated and molded into blocks called ingots. Cube-shaped ingots are sawed into wafers square. Then the magic happens. Polysilicon wafers are placed on a substrate, usually glass, to make a solar cell. A number of cells are arranged together and set in place to form a panel. The final package is called a module. This is how a solar panel is made in a nutshell. However, the steps are hidden in hundreds of companies, thousands of patents and more than a few investment vehicles that can do “they know” a lot of money.
For nearly a decade, the industry forward with a compound annual growth rate of over 40%, and investors did a lot of money to companies making it happen.
The solar market is still set to triple in size over the next five years. By 2015, installed solar capacity will grow another 347% to over 72 gigawatts worldwide as utilities are encouraged and forced to adopt sustainable production assets, and how solar energy reaches price parity a growing number of markets. In order for predictions to be true, the policy of improvement is going to have to grapple with the current economic conditions. The current state of the solar market is currently facing rapidly falling prices, both raw material and final product. A seasonal drop in demand and excess supply related to the panels, along with the general economic slowdown and restricted the loans has led to a decrease of up to ~ 30% in selling prices of solar modules. Of course, the operating costs of solar energy companies have not fallen as quickly, forcing companies to cut profit margins and sell off panels. In fact, the recent price control, Chinese manufacturers have opened an advantage over European companies historically dominant. Established Chinese producers are offering contract prices of around € 2.00 per watt, while European suppliers are struggling to break below € 2.50 per watt.
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