There are two recognized types of technologies for converting solar energy into electricity which are photovoltaic and concentrated solar power. Most energy supply facilities typically last several decades and technologies in these classes will dominate solar-powered generation between now and the future.
Solar technology has come a long way in the last 10 years. Back in 2010, the world market was small and highly dependent on subsidy regimes in countries such as Germany. This year there will be averagely 100 gigawatts of solar installed across the world. This is more than all other generation technologies put together. It is also increasingly low cost, especially in sunnier regions where it has already become the lowest-cost form of new electricity generation.
Lumentech Energy Solutions is leading the way in Ghana, advocating and marketing to the general public about the advantages of having solar as the main source of power in homes and businesses. Most big companies that use averagely over 50-100kv/h can use solar to cut their daytime electrical bills by over 50 percent. There are several companies in Ghana that are already using solar technology and reaping the benefits of it.
The sun emits enough power onto earth each second to satisfy the entire human energy demand for over two hours. Given that it is readily available and renewable, solar power is an attractive source of energy.
However, studies show less than two percent of the world’s energy come from solar. There has been an improvement over the previous two decades, as the amount of power collected from solar energy worldwide increased over 300-fold over two decades and Lumentech has the experts in Ghana to meet your energy needs.