6 Reasons to Continue Installing PV in 2022
1. Rising electricity prices.
Due to the large consumption of energy such as coal and oil, prices have continued to rise, and global electricity prices have skyrocketed. In China, electricity prices for high-energy-consuming enterprises are getting higher and higher. Under such high electricity prices, installing photovoltaics has become the best choice.
2. Geographical advantage.
Transmission of power over long distances results in power loss. As a clean energy source, solar energy is inexhaustible. As long as there is sunlight, photovoltaic power generation can be installed. For example, photovoltaic panels are installed on the roof of a factory, and the generated electricity is supplied to the factory for electricity during the day. Photovoltaic power generation areas can achieve local power supply, and excess power can be integrated into the grid, which not only reduces power loss caused by long-distance power transmission, but also reduces carbon pollution caused by energy consumption. Photovoltaic power generation can supply power locally, saving energy.
3. State encouragement
At present, Europe, the United States, Japan, China, Australia, Austria, South Korea, India and other countries are vigorously advocating the development of photovoltaic power generation industry and giving preferential policies. Photovoltaic power generation will develop rapidly in the next 20 years.
4. The price of the whole photovoltaic industry chain has accelerated to fall
Due to the development of science and technology and the replacement of materials, the prices of silicon materials, silicon wafers, cells, modules and other related products in the photovoltaic industry chain have been reduced, which has greatly reduced the cost of installing photovoltaic panels, thereby increasing the possibility of civilian photovoltaics.
5. Increased economic benefits
Installing photovoltaic power plants can generate stable income for 25 years. For example, in China, for industry and commerce, under the ultra-high sales electricity price, the cost of installing photovoltaics can be paid back in 4-5 years, and the remaining 20 years are all benefits. In the United States, Europe and other countries with high residential electricity prices, installing photovoltaic panels can quickly pay back the cost.
6. Energy saving and environmental protection
Studies have shown that photovoltaics can reduce carbon dioxide by 972 grams per kilowatt-hour of electricity. A 10KW photovoltaic power station generates about 14,600 degrees of electricity a year, which is equivalent to reducing carbon emissions by 14,191.2kg. A tree can absorb 1800kg of carbon dioxide a year, and a 10KW photovoltaic power station is equivalent to planting 8 trees.
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