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The Future Of Solar Energy

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Thirty years ago a in number of countries around the world, a push began to install solar energy panels on private homes. Many experts contended that solar energy, including solar energy incorporated into residential property, was to be the proverbial wave of the future. In reality, the early movement towards solar energy slowed down during the latter part of the decade and into the 1980s. A primary concern associated with solar homes centered on the fact that many consumers ended up finding that the installation and utilization of solar power systems into their homes was not proving particularly cost effective.



Since the advent of the 21st century, there has been a significantly profound renewed interest in solar energy generally and in solar homes specifically. The "rebirth" of the trend towards the construction of more solar homes and towards the retrofitting of existing residential properties with solar systems has occurred for two primary and essential reasons.

First, an increasing segment of the media has become concerned with the impact that carbon based energy sources are having on the environment, on the planet. As a consequence, there are an ever growing number of people who are making a concerted effort to make their living spaces far more environmentally friendly. From recycling to the use of alternative energy resources such as solar power, more men and women all of the time are becoming committed to establishing and maintaining homes that are more environmentally friendly.

Second, the costs associated with petroleum, coal and natural gas as primary sources of power have increased dramatically over the course of the past several years. The net result of this tremendous cost increases has been to make alternative energy resources - including solar power - far, far more cost effective. Therefore, many people are now turning (or returning, as the case may be) to solar homes because these types of residences have become cost effective in the current marketplace.

While many people are hoping that the costs associated with petroleum, coal and natural gas will drop sooner rather than later, most industry experts and financial analysis predict that this probably won't be the case. Therefore, research and development is becoming more intense when it does come to alternative energy resources such as solar homes. Moreover, consumer demand for alternative energy resources, including residential property that relies on solar power, is increasing markedly. These are companion long-term trends that are expected to continue into the future.

With this in mind and understood, many financial experts and analysts are suggesting with increasing regularity that making investments in such alternative energy resources such as solar homes is a wise course to take. These analysts maintain that the days are long gone when an investment in solar home technology was considered speculative at best. Rather, investments in such alternative energy resources such as solar homes is considered to be a sound course which will allow for the realization of significant profits in both the short and the long term.

Copyright (c) 2008 R Douglas Allen
The Future Of Solar Energy
The use of solar panels in residences has proved to be the best and most cost-efficient alternative for utility power. However, the use of solar power has yet to reach its full potential in the residential market. Recent advances in technology can possibly change this, as the industry has seen opportunities to create solar panels with new designs, in terms of both aesthetics and functionality.

Aesthetically-pleasing designs

Solar power has only recently been given a great deal of attention. As a result, residential homes built 10, 20, or 30 years ago were not constructed in such a way that solar panels could be later added if the resident family decides to install some.

Previously, solar panels were very thick and had to be mounted with out-of-place brackets on top of existing roofs. Fortunately, the solar panel manufacturer industry has recently realized that poor aesthetics is one of the main reasons why solar power has not completely made its way into the residential market.

New panels are hardly noticeable. The tiles are seamlessly integrated into the existing roofs of residential homes, which achieve a very elegant look. The rise in number of solar installations in the U.S. rose by an amazing 45% in 2007 is widely attributed to the creation of more aesthetically-pleasing panel designs.

There are a number of companies that have already come up with more aesthetically-pleasing solar panel designs. The Sun Power Corporation, for example, the leading U.S. solar panel manufacturer, has created some panels that are compatible with Mediterranean-styled clay tiles and flat roof tiles. Lumeta, another manufacturer, has design panels that are awaiting industry certification.

The panels made by both Sun Power and Lumeta are made from silicon. The market will soon see thinner panels made of copper indium gallium selenide (CIGS). As of now, however, such panels are less efficient than the currently existing silicon ones. Sometime in the near future, these thin-film panels are expected to dominate residential use by becoming a standard part of the building process.

Highly functional designs

One example of a new, more functional solar panel design is that recently designed by the Georgia Tech Research Institute. This innovative design allows the panels to absorb more sunlight, enabling them to produce up to 60 times more current. This new design makes use of nano-towers that add significant surface area to the solar panels, giving the particles of light from the sun more chances to strike the part of the cell that produces electricity.

However, these new panels still have a couple of kinks yet to be worked out. These new panel designs have too much resistance in their cells, resulting in an inability to generate the kind of electricity needed.

Jud Ready, senior research engineer at the Georgia Tech Research Institute and creator of this new solar panel design, is determined to work on the design and modify its features to resolve the difficulties within it. The US Air Force is currently partially sponsoring the research in high hopes that these smaller and more efficient solar panels will replace old, bulky ones and can eventually be used to power satellites and spacecrafts in the future.
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About Author
Both R Douglas Allen & Mahoney are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

R Douglas Allen has sinced written about articles on various topics from Finances. R. Douglas Allen is general partner of Blue Lion Capital Management, a private equity company specializing in clean technology and alternative energy.You can learn more about Blue Lion Capital Management and Mr. Allen by visiting this site:. R Douglas Allen's top article generates over 1300 views. to your Favourites.

Mahoney has sinced written about articles on various topics from Sales and Negotiation, Environment and Computers and The Internet. John Mahoney is a freelance author who writes about various technology related subjects including . For more infor. Mahoney's top article generates over 14800 views. to your Favourites.
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