Are bifacial PV modules better than monofacial solar panels?

Compared with monofacial PV modules, energy yields of around 10% higher (or even more) from bifacial modules in the field have been consistently reported by various parties [2,3]. Such increases in yield can considerably reduce the levelized cost of energy. Bifacial PV technology is not a new concept in the PV community.

Will bifacial technology dominate the global solar panel industry?

In the coming years, bifacial technology will dominate the global solar panel industry. Market share is already above 70% in the utility-scale segment. This guidebook provides a clear view of the successful implementation of bifacial technology, maximizing system performance and minimizing Levelized Cost of Energy (LCoE).

What are bifacial solar panels?

The systems studied in this project, bifacial solar panels, are one of the technologies of photovoltaic energy that will see the greatest expansion in the coming years. This technology manages to capture solar irradiation on both sides of the panel.

What are bifacial PV modules?

The global PV industry is experiencing a boom in bifacial PV modules. Coming with extra energy gain from the rear side, bifacial PV modules are finding themselves with versatile and promising application possibilities in many fields, from building-integrated photovoltaics to utility-scale power plants.

Are bifacial solar modules the future?

And even though bifacial technology has been present for as long as the monofacial technologies, bifacial solar modules have started to attract a lot of market attention; in fact, recent studies point out that the increasing interest for bifacial PV has aroused so much to predict a market share of 70% in 2030.

Do bifacial solar panels affect solar energy?

A first review of renewable energies, and more specifically of photovoltaic solar energy with bifacial panels, shows that there are certain parameters that directly affect any system composed of bifacial solar panels.