Solar Energy, also known as Solar Energy Capacity, or Solar PV, is a renewable source of energy that can be generated by solar panels and distributed through a network of solar cells.
Solar PV systems generate electricity by reflecting sunlight onto a thin film of silicon and releasing it into the air, or the sun’s atmosphere.
Solar panels are made of photovoltaic material that converts sunlight to electricity.
These panels are more efficient at capturing energy from the sun, but their output is limited compared to solar thermal, which converts sunlight into steam, or heat.
In addition, solar thermal power plants are more expensive and less effective at converting the suns heat into electricity than solar PV systems.
Solar Energy Capacity is an alternative way to produce electricity, although it is less efficient than solar thermal and requires the installation of more solar cells and panels.
Solar Energy Networks are renewable energy networks that provide solar power to other renewable energy generators, such as wind turbines and hydroelectric dams.
Solar Networks are often referred to as Solar PV networks.
Solar PV is an economic driver in Europe, but Solar Energy capacity has remained a relatively low priority for investors.
In the EU, the total installed capacity of solar PV in 2013 was approximately 5% of all electricity generating capacity, or 5GW, according to Eurostat data.
In 2016, solar PV capacity grew at an annual rate of 1.4% and is expected to grow by 1.3% in 2017, according an August report by the European Commission.
Solar energy capacity is projected to increase by 4% in 2018.