Which is the current viable solar technology that one should opt for to produce, to avoid expensive R&D?

Question by sjamho: Which is the current viable solar technology that one should opt for to produce, to avoid expensive R&D?
Hi,

For a school project, I was asked to setup a business model for a solar production factory. But I am stuck a little bit. The main thing that I have a problem with is to understand the difference between panels, voltaic solar and film or paint. Which is the current viable technology that one should opt for (to produce), taking less risk depending on future developments?

Can anyone help to clarify this for me?

Thanks!

Best answer:

Answer by John W
Until we reach 100% efficiency, no currently “viable” solar technology can avoid the prospects of becoming obsolete. With material breakthroughs such as carbon nanotubes just coming on the horizon, one can expect significant developments in the near future. Whichever current product that you select for your business model, expect to have to modify it to adapt new technologies into it.

It’s a judgement call, whether you go for the expensive production facilities to make high yield multi layer or three dimensional photovoltaic panels, attempt to market low yield but inexpensive photovoltaic paints where the emphasis would be on the installation service rather then production, or the middle ground of films, it’s anyone’s guess. The decision will have to be a financial and marketing decision not a technical decision.

Know better? Leave your own answer in the comments!

Category: Product Reviews

One Response to “Which is the current viable solar technology that one should opt for to produce, to avoid expensive R&D?”

  1. Hi, I too am fascinated with the advancement of solar/wind power generation. I recently read that there is a scientist in Isreal, that has perfected a solar panel, that is 400 times more powerful than anything currently on the market. Below is an article I found interesting. Good luck.

The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to, amazon.com, endless.com, myhabit.com, smallparts.com, or amazonwireless.com.