As our society?s power consumption is growing by the minute, the question of how much usable energy can actually be harvested from a solar project is something any potential investor will most definitely want to know. It should come as no surprise that manufacturers have their R&D teams rack their brains over how to increase PV panel efficiency. The math is pretty simple: the more energy your solar project is able to convert, the less time it will take before your initial investment pays off and you start seeing real savings.
Let’s not forget, of course, about other considerations, such as PV panel location, their orientation, maintenance quality, or unpredictable weather patterns. Efficiency remains, however, among the key elements that allow distinguishing between a Tier 1 panel and the rest.