Over the past 10 years, the cost of solar panels has plummeted by 90%. Although many people believe solar energy is pricey, it is currently the least expensive method of producing power, surpassing gas, nuclear and even coal. As a result, solar energy not only appeals to environmentalists. It now outperforms traditional investment vehicles like trust funds, family offices, and ETFs, making it a wise financial decision.
Solar panels boast an impressive lifespan of 30 years, and thanks to TOPCon technology, their degradation in electricity output is a mere 0.4% per year. This translates to a remarkable longevity, as even after three decades, the panels continue to deliver 88% of their initial power output.
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N-type solar panels are the latest trend due to their high efficiency, longevity and low degradation. The traditional P-type that have been dominant in the past, degrade to 84% of their initial performance after 25 years. While N-type solar panels will still produce 88% of their initial performance after 30 years. The main reason is that N-type panels oxidize at a lower rate than P-type.
“Green Investments, Golden Returns: Solar SG’s Promise.”
Harnessing the sun, powering a brighter future
Solar SG Pte Ltd, is the only solar panel installation firm in Singapore that has back-to-back warranty with the rooftop. Leveraging the resources of a Premium Roofing & building material distribution business, we seamlessly integrate solar panel installation into the existing business offering. Having a seemless one-stop solution for storage, logistics, manpower, transport, roofing and solar panel installation brings premium quality and significant cost savings. This integrated approach not only optimises cost efficiency, but also minimises risks of leaks and/or degradation of your roof due to damages or perforation of the roof cladding if done by a third party contractor.
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