Recent Advancement in Renewable Energy Technology | Solar vs. Wind Power

Story Highlights
  • Solar Power
  • Wind Power

The development of renewable energy sources has seen a meteoric rise in recent years. The number of viable green energy options has increased with better solar panels and wind turbines. It’s great news for businesses and households alike that renewable energy sources are becoming more widely available. 

This article looks at how solar and wind have moved forward and benefitted us globally.

Solar Power

In terms of the future viability of renewable energy sources, solar power is at the top of the list. 

As the price of solar panels decreases, more and more people are opting for solar energy. Further, solar energy may be utilized to complement other sustainable sources of electricity like wind and hydro.

A wide variety of solar panels now exist. Photovoltaic (PV) panels, which employ semiconductor materials to convert sunlight into power, have quickly become the industry standard.

Silicon, the primary component of PV panels, may be found deep inside the planet’s crust. Other materials, like cadmium telluride, may also be used to create thin-film PV panels (CT).

CT-based PV panels are more efficient in transforming sunlight into energy and cost less to construct than silicon-based PV panels. They are, however, more hazardous to human health and more challenging to recycle.

Comparing solar power to other energy sources, several positives must be noted. The sun provides an abundant supply of clean, renewable energy at no cost. Furthermore, solar energy does not contribute to releasing harmful emissions.

Wind Power

Massive advancements have been made in renewable energy technology over the last several decades, with wind power at the front of this movement.

With a worldwide average capacity factor of roughly 35%, wind power is today one of the most efficient and cost-effective kinds of renewable energy. This means that, on average, wind turbines make electricity more than one-third of the time they run.

Wind power is now competitive with other sources of energy production due to its declining cost. Wind power has surpassed other renewable energy sources as the most cost-effective option in some regions.

More than a thousand GW (gigawatts) of wind capacity has been added, with China, the United States, and Germany taking the top three spots. This would provide enough power to satisfy around 4% of the world’s total consumption.

Wind power has a promising future because of technological advancements and decreasing prices. Wind power is poised to play a significant role in fulfilling future energy demands, especially as the focus shifts to climate change and the need for cleaner energy production.

The future seems bright for renewable forms of energy production. As technology continues to advance, the production of electricity from renewable sources will become more feasible and affordable.

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