Reasons for Solar Panel Degradation
Unlike wine, which tastes better with age, most of the appliances degrade with time; and so does solar panels which are responsible for production of 3.6% of world’s electricity through solar energy in year 2021.
Have you ever had the chance to install solar panels in your home or offices, you would know by now that a standard solar panel warranty period provided by the solar panels manufacturers is 20 – 25 years. But does it mean that the solar panels completely degrade after 25 years? Or is it that they don’t degrade in the warranty time span at all?
Solar Panel Degradation
On average, solar panels degrade 0.5 % every year constituting to an average decrease of 10-11% in 25 years of age. That …