Solar energy is one of the renewable energy which is used to produce energy for different purposes such as electricity or in thermal energy production. It is well poised to transform regions and locations that are short of conventional energy resources such as coal, petrol, etc. Solar energy is widely used in countries such as Ireland etc., where demand for best solar panels Ireland is rising due to extensive use of this alternate resource for energy production.
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Solar energy can be used for the production of energy for driving industries and other manufacturing sectors that requires a huge amount of energy throughout the day. Due to the depletion of non-renewable resources such as Coal, Petroleum products, high dependency on these resources would make their depletion rate faster. Hence, the world has started concentrating on alternative resources such as solar energy and wind energy that are renewable and cannot be depleted completely.
As the world is moving towards clean and pollution free energy, solar energy comes as the best solution for such problems as it is a pollution-free resource. Solar energy can be produced directly through solar panels and no harmful gases, or other pollutants will be released into the environment as other requirements for solar production is the just a good quantity of water. But, initially, the setup cost and unit cost is high as production cost and materials used are costly.
Also, storage of the solar energy is limited, and there are no resources to store energy that is produced through solar power to be used later. Most of the applications of solar power would be directly used only when the sun is present, and in cloudy or rainy times, due to no availability of sun, these solar production systems will not work properly. Due to this, demand for solar panels and power systems has been low for many years, making tipping point far from sight.
But with the advent of technology, the solar power sector has changed dramatically, and the production of efficient and low-cost solar systems has been increased. As the world is aiming for environment-friendly products and decreasing pollution, many people in the world are moving towards usage of the solar system in their households or industries to reduce the harmful pollutants that are released by conventional resources of energy. Also, in low-income countries where most people cannot afford solar systems in households, governments are introducing many subsidy schemes and monetary benefits for people who move to the green energy.
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The tipping point to any product arrives when the market demand and supply are almost met, and the cost of the product is general with market value. Initially, solar systems production has been high cost and manufacturing involves high-cost investments. But with an increase in technology, manufacturing companies have started concentrating on Research and development to introduce cost-effective and quality product to increase the effective use of solar energy. Due to these advancements, in many locations, effective use of solar panels is increased, and there are locations around the world where complete energy consumption is only through solar energy.
To make the most of solar power's potential, there are requirements for the solar panels, which store energy efficiently and also comes up with better financial range for the customers. With an increase in solar power usage, more and more people started moving towards the use of solar power for their use, which indicates the very near tipping point of the solar energy.
