Bifacial solar panels offer notable potential cost benefits in regions with low sunlight radiation primarily due to their ability to capture light from both their front and rear sides, increasing overall energy production compared to traditional monofacial panels.
Key Cost Benefits of Bifacial Panels in Low Sunlight Regions
- Increased Energy Yield (5-30% More Output):
Bifacial panels can boost power generation by up to 30% because they harness reflected and diffused light from the environment, which is especially beneficial in areas with low direct sunlight. This means more electricity is produced from the same installation size, improving return on investment. - Better Performance in Diffused/Low-Light Conditions:
These panels excel in capturing indirect sunlight, extending operational hours and improving generation during overcast or less sunny days. This enhances the consistency and reliability of solar output without increasing panel count. - Lower Levelized Cost of Energy (LCOE):
The increased energy production directly translates to a lower LCOE, meaning the cost per unit of electricity generated decreases over the system’s lifetime. This makes bifacial panels a financially attractive option where sunlight is less intense or variable. - Durability and Longer Lifespan:
Most bifacial panels have a double-glass design, improving durability and often leading to longer warranties and operational life. This reduces replacement and maintenance costs over time, adding further financial benefits. - Higher Efficiency Ratings (20%-27%):
Bifacial panels generally have higher efficiency than traditional panels, with monocrystalline variants being the most efficient. This higher efficiency means more power generation in limited sunlight conditions, improving overall cost-effectiveness.
Summary
| Factor | Benefit in Low Sunlight Regions |
|---|---|
| Energy Production Increase | Up to 30% more energy from reflected/diffused light |
| Low-Light Performance | Better electricity generation on cloudy days and early/late hours |
| Cost per kWh (LCOE) | Reduced due to higher yield and durability |
| Panel Efficiency | Typically 20%-27%, outperforming traditional panels |
| Durability | Longer lifespan, fewer replacements |
In regions with low sunlight radiation, bifacial solar panels’ ability to capitalize on indirect light and their enhanced durability provide significant cost advantages by maximizing energy output and reducing long-term expenses, even if initial installation costs are somewhat higher.
Original article by NenPower, If reposted, please credit the source: https://nenpower.com/blog/what-are-the-potential-cost-benefits-of-using-bifacial-panels-in-regions-with-low-sunlight-radiation/
