The solar power industry is undergoing rapid evolution to meet the ongoing demand across the world. There are many revolutionary trends in the present solar power solutions market, which is raising the demand for solar installation among homeowners. With the evolving trend, the industry is all set to make new records. Here is the list of new trends in the solar world.
Grid Integration
With the progress of grid integration, solar power solutions are all set to reach great heights. The trend is upgrading with cutting-edge technologies like smart inverter integration. This is helpful in managing power flow. Moreover, it also guarantees system stability. Smart inverters have the capability to regulate smooth electrical flow between solar panels and the grid. Now, state-of-the-art sensors have been introduced in smart solar integration to solar panels to monitor performance, which optimizes their working efficiency.
Decentralization
The growing trend of decentralized power generation is the use of solar panels to generate electricity. Both house owners and commercial places will increase their independence from the power grid by installing solar panel systems to generate power. Notably, these systems can also sell excess power back to the grid, providing owners with a new source of passive income. Therefore, decentralization has become a major trend in next-gen solar power solutions.
Energy Storage
The solar sector has planned to strengthen the integration of solar panels along with energy storage devices. For example, solar cells and batteries. This trend meets the need to address solar energy’s intermittent nature and makes sure to deliver an uninterrupted power supply during the event of power outages. Energy storage systems aid in storing excess solar energy during peak periods. Hence, the stored energy will be helpful on cloudy days or at night.
Higher Adoption Rate
The use of solar energy will increase rapidly in the upcoming years because many countries worldwide are setting targets for renewable energy production. The higher adoption rate of solar power solutions is primarily due to multiple reasons. For example, an urgent need to combat climate change aims to achieve net zero carbon emissions and reduce dependency on fossil fuels.
Final Thoughts
The above current trends are driving the solar power market. So, if you want to be part of the global trend to stay cost-effective and environment-friendly, get in touch with Long Island Power Solutions.