Benefits of PV Technology

There are many advantages of using solar energy as source of electric power, some of it which are very commonly in globalization world are

  • High Reliability: Solar modules last for more than 25 years while other components like batteries lasts for more than 5 years
     
  • PV systems have low operating costs. It is estimated than less than 2% of investment costs per year for operation of PV systems and there is no monthly electricity bills paid after installation of the systems

  • PV is an environment friendly technology with quite operation as compared to diesel generators.

  • PV systems are modular, the size of the systems can be expanded based on individual energy needs.

  • PV systems can be installed as decentralized systems eliminating the use of extension of poles.