Best Solar Panel Efficiency 2014

Best research cell efficiency chart.

Best solar panel efficiency 2014. This means that under. The most efficient solar panels on the market today have efficiency ratings as high as 22 8 whereas the majority of panels range from 15 to 17 efficiency rating. These days the average efficiency of a solar panel is about 18 7 percent. Solar panels have been consistently increasing in efficiency at about 5 annually since 2010.

Solar panel efficiency is a measure of the amount of solar energy irradiation which falls on a panel surface and is converted into electricity 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. In august 2014 first solar announced a device with 21 0 conversion efficiency. Solar panel efficiency is a measure of how much sunlight that hits the surface area of a solar panel is converted into usable electricity. The average efficiency of solar panels falls between the 17 to 19 percent efficiency range.

This large jump in efficiency resulted in the power output of a standard size. The highest efficiency solar panels on the market today can reach almost 23 percent efficiency. In 2014 the record module efficiency was also raised by first solar from 16 1 up to 17 0 the first solar powered 40 mw cdte pv photovoltaic array installed by juwi group in brandis germany. A higher efficiency rating is better because it means that your solar panel is able to convert more of the sunlight it captures into electricity.

So if a solar panel has an efficiency rating of 15 that means 15 of the sunlight that hits the solar panels will be converted into electricity. Factors that affect solar panel efficiency. Sunpower panels are known for being the most efficient solar panel brand available on the market. Nrel maintains a chart of the highest confirmed conversion efficiencies for research cells for a range of photovoltaic technologies plotted from 1976 to the present.

The efficiency of a solar panel simply describes how well it turns sunlight into usable electricity.