How To Get Better Payback On Utility Scale Projects Using Single Axis Bifacial Solar Panels | EnergyLink

How to Get Better Payback on Utility Scale Projects Using Single Axis Bifacial Solar Panels

Single axis bifacial solar panels are a combination of single axis trackers and bifacial solar technology. This combination has the lowest levelized cost of energy for utility scale operations, making it a cost-effective renewable energy solution for utility scale projects for large organizations, cities and municipalities.

What are single axis bifacial solar panels?

Single axis trackers adjust the position of a solar panel along an axis to compensate for the suns changing positions throughout each day and the year. These tracking systems tilt on a single axis and follow the sun as it moves from east to west throughout the course of a day. This technology has the potential to increase energy production by a third or more compared to a fixed solar system.

Bifacial solar panels have solar cells that are exposed on both sides in order to collect both direct sunlight and reflected light off the surface below the solar racking. This technology provides an ideal solution for companies or organizations with limited roof or land space to account for the amount of power necessary for facility operation. Bifacial solar panels offer the customer the ability to generate a greater amount of electricity in a smaller space.

The combination of both single axis trackers with bifacial solar panels produces the lowest leveled cost of energy in most of the world for utility-scale PV projects as concluded by researchers from the Solar Energy Research Institute of Singapore.

How to get better payback on your next utility scale project

When it comes to utility scale solar projects for larger organizations, cities and municipalities single axis bifacial solar panels offer the lowest levelized cost of energy. This means that the estimated revenue required to build and operate a generator over a specified cost recovery period are the lowest. Single axis trackers in combination with bifacial solar panels have also been known to yield at least 5 percent higher gains. According to CEO of PVEl, Kenya Meydbray, cost-effective bifacial gains may be even able to reach 20 to 30 percent gains with highly optimized systems and ideal environmental conditions. Ideal environmental conditions include snow, white gravel, white vinyl roofing, mirrored plastic, polished metal, etc.

Interested in single axis bifacial solar panels?

Interested in including single axis trackers, bifacial solar technology or both in your next renewable energy project? Installing single axis bifacial solar panels will not only benefit your company financially but will also help to offset your company’s carbon footprint. EnergyLink’s team of experts have the capabilities to help design, build and fund your next project. To get started, click the link below for a free quote or speak to a team member by calling (866) 218-0380.

Interested in adding single axis trackers or bifacial technology to your next solar project?

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