There are many things that may surprise you about solar energy. To start with, the solar industry is now in almost every country and it is finally ready to stand on its own.
More and more people are choosing solar energy at a faster rate than ever before in Malaysia.
This explosive growth of solar power comes as a result of the falling cost of solar panels and the many benefits of this renewable energy source.
Are you ready to go solar? Here are 7 interesting facts that you need to know.
7 Facts about the Solar Industry
1. Energy Source
The sun, is without a doubt the biggest and most abundant energy source for earth. In Malaysia, the entire solar power industry is producing 67% of the 270 MW of renewable energy, right now.
The sun sends 173,000 terawatts continuously; and it could potentially satisfy the global energy needs for one year, with only the sunlight reaching the earth every hour.
2. Green Energy Source
Solar energy is a clean, renewable power source that do not lead to air or water pollution, and does not release any gases.
In addition, solar farms in Malaysia follow the environmental laws that regulate the correct disposal of any type of potentially harmful materials for the environment.
3. Good Investment
Solar panels in Malaysia are getting cheaper. The cost per kilowatt has fallen below coal and gas.
Malaysia Fit System, which aims to promote the development of renewable energy so homeowners have a chance to generate electricity and get paid for it by TNB, makes the ROI (return of investment) very attractive.
4. Long Effective Lifespan
The good thing is that once you invest in a solar power plant, it can last 40 to 50 years.
Yes, you can replace the solar panels with new, more efficient modules, and once the infrastructure is built, you will have solar energy power for a long time.
5. Solar Energy is Quick to Deploy
You can quickly build small solar plants, in a matter of weeks to restore electricity after a disaster. No other fossil power plant can be installed so quickly.
6. It can be Installed Everywhere
Solar panels systems are most effective due to constant exposure to the sun, but this doesn’t mean that it cannot generate electricity or heat when it is cloudy, raining or cold. You can enjoy solar energy in any region.
Solar panels need sunlight to generate electricity, not sun heat.
7. Largest Solar Park
The largest solar park in the world is located in the Sahara Desert. Once the project is completed by 2020, with a capacity of 580 megawatts, it will provide electricity power to 1 million people.
Malaysia largest solar farm is located on 98 hectares of land in Mukim Tanjung 12, Sepang. It uses 230,000 solar panels, increasing TNB renewable energy capacity to the national grid to 73.2 megawatts.
Even though the solar industry in Malaysia is starting to get a lot of attention, with the Government setting a target of having 20% of the country’s electricity generated from renewable sources by 2030, we are still a small fish compared to China.
China installed more than 50 GW last year. This could power 8.2 million homes.
Benefits of Solar Energy
The main benefit of solar energy is that it is truly a renewable energy source that is available every day, and in every region of the world, unlike some other sources of energy.
Moreover, we can never run out of solar energy.
Other benefits include:
- Reduces electricity bills
- Low maintenance cost
- Good long-term investment
- Government benefits
- Can be connected to the electricity grid
Solar energy has a favorable impact on the environment, and it’s free and abundant.
So if we invest in a solar energy system, we can reduce our dependence on fossil fuels in favor of the most consistent source of energy we have, the sun.