08 Jun '12, 1pm

NREL Helps Make Solar Panels Last

The longer a panel works, the cheaper the overall cost of electricity. But companies and their accountants value income from early in the life of an investment more than from later in its life. Generally an investment needs to pay for itself in seven years or private enterprise often won’t touch it. There are a couple of reasons for this. Firstly, money borrowed has to be paid off quickly to stop interest from mounting up, and secondly, the future is uncertain. Something that is profitable now may not be profitable in the future. So extending the life of solar cells from their current 30 or so years to 60 years will be a boon for people in the future, but will have only a small effect on investment decisons now. Sometimes some form of regulation or standards is required to get industry to undertake a small cost now will have large benefits in the future. Other times an ind...

Full article: http://cleantechnica.com/2012/06/08/nrel-helps-make-solar...

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NREL Helps PV Industry Make Panels Last

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