Solar Technology Will Just Keep Getting Better: Here’s Why
With the federal Investment Tax Credit phasing out, it’s a good time to take stock of the solar industry - both taking a look at where it has come from and where it is headed, especially in terms of innovation and evolving technology.
There are few individuals more qualified to discuss this topic than Jenya Meydbray, Founder and CEO of PVEL (PV Evolution Labs). His company – founded in 2010 - performs independent qualification of photovoltaic solar equipment on behalf of large buyers and investors (PVEL tests both thin film and crystal silicon panels, but the vast majority of technology in the market is crystal silicon – which is where investors and developers are seeking the data).
A solar power plant is a capital-intensive venture, with an expected lifespan of as many as several decades. Operations and maintenance costs are relatively marginal, and the fuel is free, so the quality of the panels is perhaps the most critical element to consider in the overall equation.
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