Despite the COVID-19 pandemic the solar energy sector has proven to be remarkably resilient. Rapid technological advancements along with government incentives and the growing competition of solar-powered components have helped increase the use of clean energy.
2022 seems like an extremely promising calendar for installing solar panels. Here are some trends that are expected to emerge on the solar energy market:
Solar panels are continuing to get more efficient, allowing homeowners and businesses to generate more electricity within a small area. In the present, solar PV panels tend to be lighter than their weight earlier, and have a more sleek appearance, and have a thinner profile, which makes them visually appealing. Additionally solar shingles are becoming more common and are available in more options that ever. Even with these advancements solar energy prices appear to be steady.
Additionally, to this, many solar panel makers offer longer warranties than before, making solar a more secure investment. In addition, liquid solar panels are in development and are showing potential. Also, solar inverters are under development, which is helping boost the efficiency of the entire solar energy system.
These advances are great prospects for solar companies and are beneficial to comprehend so that they can be explained to prospective customers.
As the technology of solar energy improves, its application in a range of products is becoming more widely used and cost-effective. For instance, streetlights powered by solar energy cut the cost of energy along with carbon emission in numerous urban areas while ensuring public safety and encouraging energy efficiency. The noise barriers built by PV along roads make the communities around them more liveable and generate renewable energy. Additionally, EV chargers are being increasingly powered by solar panels.
It is likely for photovoltaic solar power applications increasing as new uses are discovered for solar energy. Being aware of these developments could lead to opportunities for new offerings of services that can benefit your solar business.
The concern about climate change and the reduction in PV costs are driving expansion in a clean energy transition. As solar power capacity increases and the concern about sustainability grows and so does the demand to provide solar installations services. Also, as there are more operating systems in operation than in the past, there’s more systems to repair and maintain. While the increasing demand for solar energy businesses is generally a good thing however, it may cause difficulties for businesses in the process of expanding their business.
With the various initiatives, schemes and subsidies provided by the central and state government the addition of solar has increased across industries, residential and commercial segments. However the cost of modern solar batteries has reduced as the capacity has grown during the past few years. Furthermore, subsidies as well as many state or utility incentives cover the cost of solar power setup installations.
All of these elements combined will continue to grow the market and bring substantial growth in sales of solar power systems with battery storage. In the end, even customers who already have solar power systems could be a good candidate for adding storage capacity.
The COVID-19 virus has placed the supply chain of global production under pressure. Factory closures, tariffs on imports the shortage of basic materials and bottlenecks in shipping have led to supply chain disruptions and delays. The solar energy industry isn’t immune from these challenges.
Most often, solar panels as well as other devices are sourced typically from China. A number of factories were forced close down in the wake of the 2020 lockdown however, certain supply chains haven’t completely recovered from the disruption. There have also been problems with silicon, which is a crucial component in the production of solar panels. Transportation has also been a problem as certain ports are extremely overcrowded, causing additional delays.
As the epidemic continues to linger and the virus continues to spread, solar companies are continuing to conduct distant sight survey. Certain companies prefer this method because it saves time and cost. Others prefer face-to face interactions and the chance to build relationships in person.
Whatever your preference, maintaining efficient remote sales strategies is crucial to the success of a solar energy company. You can expect to see a gradual introduction of old-fashioned sales methods but with a view to better designed and more efficient procedures.
