BiFacial Photovoltaic

Publish Date:

25th January, 2022

Title:

BiFacial Photovoltaic

Doc Type:

Market Survey

Publish By:

Institute of Solar Technology

Sanjib Roy, M.Sc Physic

Bifacial solar modules 2022

Abstract

Bifacial solar modules offer many advantages over traditional solar panels. Power can be produced from both sides of a bifacial module, increasing total energy generation.

Bifacial modules produce solar power from both sides of the panel. Whereas traditional opaque-backsheeted panels are monofacial, bifacial modules expose both the front and backside of the solar cells. Some bifacial module manufacturers claim up to a 30% increase in production just from the extra power generated from the rear.

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Summery

Bifacial Solar Panels Market research report 2022 offers major opportunities, market dynamics, upcoming technologies and challenges of the industry has been analysed in the report.

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market.

Fewer bifacial solar panels can reliably generate the same degree of solar power as a typical mono-facial solar array. Being 11-12% more efficient, bifacial panels can reduce the LCOE(Levelized Cost of Energy) by increasing the total energy generation of similar-sized projects.
Besides higher performance, bifacial panels also overcome the limitation of high temperatures. Their glass composition channels lower working temperatures without the heat-absorbing aluminum backing of mono-facial panels.

Even with higher total upfront costs, the added cost of the panels is less than 10%, as per the NREL research. To weigh the financial merits of single-sided versus bifacial modules, the effective leveled cost of electricity should be applied as the deciding metric aside from the rupee‑per‑peak‑watt cost of respective modules.

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The supply disruption from China due to the COVID-19 pandemic and subsequent decline in domestic solar capacity addition offer a golden opportunity to ramp up local manufacturing of solar modules and cells, according to industry experts. In this scenario industry feels a skill and knowledge required to start this module assembly line making ecosystem in India.
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