What is photovoltaics & how does it work?

Photovoltaics is a method of generating electric power by using solar cells to convert energy from the sun into electricity. These cells are assembled into solar panels and then installed on the ground, rooftops or floating on dams or lakes.

Why is solar PV project development so important?

As opportunities for solar PV project development have increased, the number of qualified installers has commensurately expanded. Compared to the EPC process used for other forms of power generation, solar is relatively straightforward and local construction companies have been able to build capacity quickly.

How much solar power does Pufeng new energy have?

Pufeng New Energy has a target of reaching 1 gigawatt of solar capacity – equivalent to the annual consumption of approximately 750,000 households.

What is a solar PV power plant?

The PV effect is a semiconductor effect whereby solar radiation falling onto the semiconductor PV cells generates electron movement. The output from a solar PV cell is DC electricity. A PV power plant contains many cells connected together in modules and many modules connected together in strings8 to produce the required DC power output.

Why is the solar PV panel market so competitive?

The high level of competition in the solar PV panel market, mainly due to the future market demand in and the competitiveness of leading countries, is compounded by the fact that transporting solar energy equipment is less cumbersome than transporting other renewable technologies (such as wind).

Are solar photovoltaic power plants the future of power generation?

Although it currently represents a small percentage of global power generation, installations of solar photovoltaic (PV) power plants are growing rapidly for both utility-scale and distributed power generation applications.