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What is Solar Plant
Solar power plant is a new type of power-generation system to utilize solar photovoltaic effect of semiconductor materials to convert sunlight directly into electrical energy.
There are two types available in the market: off-grid and grid-connected (on-grid).
Grid-connected solar power station is a kind of solar power generation system to connect the PV system with the power grid network..
Advantages of Solar Plant
Grid-connected system offers many advantages such as: pollution free, short construction period, easy to maintain, less restrictions of location, high efficiency, good stability and long-term lifecycle, etc.
The Opportunity
Over the last two decades, the trend of solar energy prices has been consistently downwards, driven by continuous advances in PV technology and manufacturing economies of scale. Investment in solar energy today is set against an economic backdrop of an industry that will approach break-even costs with other grid connected energy sources at the end of this decade.
With 427 Megawatts of global incremental solar capacity installed capacity in 2009, solar energy is still a tiny fraction of the world primary energy market. However, its reduction in unit costs has yielded growth rates and market share gains that suggest solar energy has the potential to become a mainstream energy source in the foreseeable future, as part of a growing Renewable Energy sector.
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