As we look towards the future of solar energy, there are several trends that are poised to shape the industry in 2023 and beyond. Here are five key trends to watch:
What To Watch For
Increased Adoption of Energy Storage: As battery storage technology improves and becomes more affordable, homeowners and businesses are increasingly turning to solar-plus-storage solutions to maximize their energy independence and reduce reliance on the grid.
More Efficient Solar Panels: As solar panel technology continues to evolve, we can expect to see panels that are even more efficient at converting sunlight into electricity. This will help make solar energy more cost-effective and accessible to a wider range of consumers.
Virtual Power Plants: Virtual power plants (VPPs) are networks of distributed energy resources, including solar panels, that are coordinated to provide power to the grid. VPPs can help improve grid stability and reliability while also providing benefits to consumers.
Increased Emphasis on Sustainability: As consumers become more environmentally conscious, solar companies are placing a greater emphasis on sustainability in their manufacturing processes and supply chains.
Government Incentives: Governments around the world are increasingly offering incentives and subsidies to encourage the adoption of solar energy. In 2023, we can expect to see even more government support for solar as countries work to meet their climate goals.
As these trends continue to shape the solar industry, we can expect to see a brighter future for solar energy and a more sustainable world for all.
