Solar energy is clean, renewable and rich in reserves, so it’s one of the most widely used energies in the world.
If you decide to make solar energy part of your product’s shinning spot, thank you for the earth, you should first know what choices you have, and what the future holds for the industry.
Here in this post, we have just the answers for you.
4 different kinds of solar panels
There are four main types of solar panel, each one has its own configurations:
Crystalline silicon | Polycrystalline silicon | Amorphous silicon | Multi-components | |
Conversion rate | 15 – 24% | 12 – 18.3% | 10% | 18% |
Cost | High | Normal | Normal | High |
Produce process | Hard | Medium | Medium | Hard |
Flexibility | Bad | Bad | Good | Good |
Using silicon | Many | Normal | Less | Depends |
Lifetime | 15-25 years | 15-20 years | Less than 15 years | Depends |
At low lighting environment | Poor performance | Poor performance | Good performance | Good performance |
Other information | More stable | Used widely | For outdoor activity (lightweight) | New tech |
It is hard to say which one is better. It all depends on your product and the configuration you need. Want to know more details, please contact us.
What does the future of solar panel hold?
Compared to other clean energies, the solar energy conversion rate is not as promising. Just as you can see from the chart below:
That said, what are the development prospects of solar energy?
1. Higher efficiency
The conversion efficiency of crystalline silicon and polycrystalline silicon solar cells reached an average of 19.5% and 18.3%.
The Chinese energy technology innovation published the ’13th five-year plan’, hoping to increase the efficiency of crystalline silicon solar cells to more than 23% by 2020.
2. Lower price for raw materials
The initial investment of photovoltaic power plants can be roughly divided into the cost of the solar panel, grid-connected inverters, power distribution equipment, power station construction and installation, etc.
The invested cost of the solar panel accounts for 50% to 60% of the initial investment.

The production costs have fallen below $10 per kilogram. Therefore, the application of silane fluidized bed technology, polysilicon production costs will decrease.
3. More future applications
The solar panel in the future will still be widely used in small satellites, UAVs (unmanned aerial vehicles), new energy vehicles and flexible GaAs thin film batteries.
Meanwhile, some of the technologies can really change our daily life. Here is an example showing you that you don’t need to worry about adding weight on your roof when you choose to use solar panels for your house:

Instead of putting a whole piece of polysilicon solar panel on the roof, the flexible thin-film solar panel gives us a different idea.
The flexible solar panel can be made as normal tiles and function as normal tiles. It meets the aesthetic needs of modern architecture with its highly efficient clean power generation and high safety performance.
Made with dual-layer laminated packaging technology, CIGS flexible thin-film solar cells are put into the highly light-transmitting glass, thus ensuring seamless integration with the roof.
Moreover, the solar panel can be used in construction, transportation, facilities, emergency project, and electronics. A great way to make the product better and the world cleaner.
You can leave a message below or contact us directly to get more information about the solar panel products and suppliers.
Note: We do not own the images used in this post. Feel free to contact us if they belong to you, and we’ll take them down as quickly as we possibly can.