Which is the Best Solar Panel in 2024?

Entering 2024, the solar panel industry continues going in advancements in technology of solar products and ensuring improved efficiency. Selecting the optimal solar panels becomes pivotal for those transitioning to solar energy, for the homeowners or businesses.           

The good news is that solar panels are getting better and cheaper thanks to new technology. This means it's a smart choice for homes and businesses. Plus, governments are giving perks like subsidies and tax benefits to encourage using solar power. Choosing solar energy in 2024 is good for the saves money and makes us more independent with energy.

In 2024, it's super important for everyone to use solar panels. The Earth's climate is getting worse, so we really need to switch to clean energy sources. Solar panels are a great choice because they use the sun's power to make electricity in a way that's good for the environment.

How do Solar Panel Works?

Solar panels work by converting sunlight into electricity through the photovoltaic effect. Photons from sunlight strike the semiconductor material within the panels, causing the release of electrons. This generates a flow of electric current, captured, and converted into usable electricity. The direct current (DC) is then inverted to alternating current (AC) for household or grid use.

Why Choose Solar Panel?

- Renewable energy source.
- Environmentally friendly.
- Energy storage options.
- Reduces electricity bills.
- Low operating costs.
- Increases property value.

What are the Different Types of Solar Panels?

There are three types of solar panels in the Indian market today below is the explanation of each.

Topcon Solar Panel

TOPCON is a special kind of solar cell that uses advanced technology. It's made with a type of silicon called N-Type Silicon, and it has a thin layer called tunneling oxide on top. On this oxide, there's another layer made of highly doped poly silicon that connects to the metal at the ends.

This tunneling oxide does something important - it blocks one type of carrier, and that's why it's called a passivating contact. Now, the cool part is that TOPCON solar cells were tested in a lab, and in 2013, they showed an efficiency of about 21.8% to 22.9%. By 2014, efficiency improved to 24.3%. And if we talk about a specific type called N-type mono-crystalline-based bifacial TOPCON solar cells, they reached an efficiency of 25.09%.

Scientists believe that by 2028, the efficiency of these TOPCON solar cells could increase even more, reaching up to 28%. That means they could be even better at turning sunlight into electricity!

Pros of Topcon Solar Panel

- Generate more electricity.
- Higher efficiency.
- Capable to work in different temperatures such as -14° or +80°.
- Cost savings.
- Waterproof and dustproof
- Life span of up to 25 years

Bifacial Solar Panel

A bifacial solar panel is a photovoltaic solar panel which can capture sunlight from both sides of the solar panel to generate electricity. It has a transparent back sheet which allows the sunlight to back side of the solar panel. The rear side of bifacial solar panels can capture reflected sunlight from surrounding surfaces, such as the ground and walls. This quality of bifacial solar panels increases the efficiency of solar panels and generates more electricity in less time and space.

Bifacial solar panels are typically mounted on a raised structure or in a way that allows light to reach the rear side. This setup enables them to take advantage of the albedo effect (the ability of the surface to reflect sunlight), which refers to the reflection of sunlight from surfaces.

Pros of Bifacial Solar Panel

- Capture sunlight from both sides.
- 22% Higher efficiency.
- Durability.
- Long-term financial benefits.
- Capable to work in different weather conditions.

Monocrystalline Solar Panel

Monocrystalline solar panels are made of single crystal structure. The key material used in monocrystalline solar cells is typically high-purity silicon. These solar panels are made of mono perk cells and ultra cleared tempered glasses that do not break easily.

Monocrystalliine solar panels are 22% higher efficient than the other solar panels, this means they can convert a higher percentage of sunlight into electricity and can work in low light and cloudy weather conditions.  

Pros of Monocrystalline Solar Panel

- 20 % High efficiency
- Better performance in low light.
- Space-efficient.
- Low maintenance.
- Super strong frame.

How do I Choose a Good Solar Panel?

Check Energy Needs: While choosing the right solar panel the first step to know that how much your daily energy needs. Evaluate your present electricity consumption and determine the extent to which you aim to offset it through solar energy. This assessment will guide you in determining the number of solar panels required and the most suitable type of system for your needs.

Solar Panel Type: There are so many types of solar panels available in the market, choosing the right one according to your needs and requirements is very important. Each solar panel have their own advantages and disadvantages.

Solar Panel Efficiency: Efficiency is an important factor considering the best solar panel because it refers to how well the solar panel convert the power from sunlight. Higher efficiency solar panel can generate more power in a limited time and rooftop space. High efficiency solar panels have more than 22% efficiency.

Quality Solar Panel: Solar panels quality may differ based on the manufacturer. Seek out Solar Panels with an excellent warranty, usually 25 years, covering defects and performance issues also. Additionally, verify the online reviews and ratings of the Solar Panel Manufacturer to ensure their reputation is trustworthy.

Solar Panel Technology: Always choose the latest technology solar panels for solar system because its saves you from the extra expenses. Advanced technology of solar panels such as “Topcon” enhanced the overall performance.

Durability of Solar Panel: A top-notch solar panel is built to bear diverse environmental conditions over an extended period. This resilience includes resistance to UV exposure, high winds, heavy snow loads, and temperature fluctuations. Typically, a high-quality panel boasts a lifespan of 25-30 years or even more.

Certification standards: Certifications plays a major role while choosing the right solar panels. Always look for the solar panels who meet the standard of government, national and internationals quality parameters. Always buy solar panels that have approval from MNRE (Ministry of New and Renewable Energy), are listed in ALMM (Approved List of Models and Manufacturers), carry the BIS (Bureau of Indian Standards) mark, and have been recognized by the IEC.

Warranty: Good manufacturers support their products with strong warranties. A reliable solar panel typically has a performance warranty of 25 years or more and a product warranty covering defects for at least 10-12 years.

Rating and Reviews: It’s always necessary to read the reviews and check the ratings before making the purchase. Read the reviews from seller websites and e-commerce platforms to get an idea of solar panel. This will help you to buy thee good option for you.

Get Solar Professional Advice: Selecting the right solar panel is a tough task, If it's too overwhelming, consider seeking solar professional assistance. An experienced solar expert can guide you to the best solar panels for your requirements.

The Best Solar Panel in 2024.

According to solar experts the “Topcon solar panel” is the prominent choice for residential solar and commercial solar because of its high efficiency, durability, and sleek design and excellent performance. Also have a capability to work in different weather and temperature also. These qualities make it a best solar panel residential and commercial solar system installations that aim for optimal energy production.

What is the Solar Panel Price in 2024?

The pricing of solar panels plays a crucial role in the decision-making process for installing solar panels in commercial and industrial purpose. While individuals seek cost-effective options, the solar panel in 2024 price is contingent on factors such as type, efficiency, and capacity. Our company that provides competitive pricing for solar panels and related products. Our solar panel offerings begin at Rs. 1000. For more information on prices, you can explore their website.

List of Top 10 Solar Panel Manufacturer In India in 2024

Loom Solar: Loom solar is the leading solar panel manufacturer in India o manufacturers solar panel and lithium battery having a manufacturing capacity of 100 MW. Loom solar is also the fast-growing solar company in India because of they give solar solution to homes and businesses.

Tata Solar Power: Tata is one of the leading top 10 solar companies In India over the past 3 decades. They can make up to 635MW of modules and have cell manufacturing lines that can produce 528MW with a total capacity of 500MW. TATA solar manufacturers the solar panels, solar cells, and other solar products.

Adani Solar: Adani solar is a group of adani enterprises ltd. Adani Solar stands as one of the biggest vertically integrated solar companies in India. The company offers the solar solution for commercial and residential sectors.

Waaree: Waaree is a Mumbai based company started in 1989, having a presence in multiple countries. They offer a range of services, including EPC services, project development, solar water pumps, solar rooftop solutions, independent powerhouses, and various other offerings.

Vikram Solar: Vikram Solar, a big solar energy company. They make both mono and bifacial solar panel modules and have completed 1355 MW of solar projects in India, they also have a 10-kW floating solar plant in Kolkata.

Goldi Solar: It is a Gujrat based solar company founded in 2011 and have an ownership on local market. They have a manufacturing capabilities of 2.5 GW and now planning to increase it by the end of 2023.

Saatvik Green Energy Pvt. Ltd: Initiating its venture into the solar sector in 2015 from Haryana, Saatvik Green Energy Pvt. Ltd. plays a dynamic role in contributing to the solar energy sector, boasting an annual production capacity of 1 GW. Currently operating its manufacturing plant in Ambala (Haryana), the company is poised to further expand its capabilities by establishing a new facility in Gandhidham, Gujarat, with an enhanced capacity of 1.2 GW.

Servotech: Servotech boasts a diverse portfolio of projects, having effectively executed numerous solar power initiatives for state governments, state nodal agencies, fuel retailers, oil refineries, and more. Additionally, Servotech Power Systems Limited has achieved a significant milestone by manufacturing India's inaugural portable solar rooftop system, PV Ports.

Renewsys India: They offer everything you need for solar energy, including solar modules and important parts like solar PV cells, black sheets, and encapsulants. With two production plants in India, they deliver to more than 40 countries worldwide.

Patanjali: With a current operational capacity of 72 MW, Patanjali stands as a prominent player in India's solar energy sector. Displaying ambition and commitment, the company is actively pursuing a substantial expansion, aiming to achieve an operational capacity of 500 MW by the close of 2023.

Which is the Best Solar Panel Company for Commercial and Industrial Use?

Selecting the appropriate solar panel manufacturer is a crucial decision when setting up a solar system for business. Thankfully, we have an ideal option for you. Loom Solar distinguishes itself as the leading solar panel manufacturer in India, providing convenient buying and installation services to its clients. Here are several key reasons why Loom Solar is considered as the premier solar panel company in 2024:

• Loom solar have a team of professional solar engineers who will be ready to serve you 24x7.
• PAN India delivery within 3 to 7 days
• Customer support in 48 hours
• Flexible EMI option
• Buy directly from solar panel manufacturer
• Loom solar serves the over 50,000+ customers for their homes and businesses.
• Product demonstration in your city.
• Extensive network of distributors.
• Offers high quality and new technology products.