Solar radiation is light – also known as electromagnetic radiation – that is emitted by the sun. While every location on Earth receives some sunlight over a year, the amount of solar radiation that reaches any one spot on the Earth’s surface varies. Solar technologies capture this radiation and turn it into useful forms of energy.
A number of non-hardware costs, known as soft costs, also impact the cost of solar energy. These costs include permitting, financing, and installing solar, as well as the expenses solar companies incur to acquire new customers, pay suppliers, and cover their bottom line. For rooftop solar energy systems, soft costs represent the largest share of total costs. solar energy technology doesn’t end with electricity generation by PV or CSP systems. These solar energy systems must be integrated into homes, businesses, and existing electrical grids with varying mixtures of traditional and other renewable energy sources.
Solar energy technology doesn’t end with electricity generation by PV or CSP systems. These solar energy systems must be integrated into homes, businesses, and existing electrical grids with varying mixtures of traditional and other renewable energy sources.
Solar energy can help to reduce the cost of electricity, contribute to a resilient electrical grid, create jobs and spur economic growth, generate back-up power for nighttime and outages when paired with storage, and operate at similar efficiency on both small and large scales.
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