New Solar Panel Concept Could Help Drive the Transition to Renewable Energy

New Solar Panel , Concept Could Help Drive the , Transition to Renewable Energy.
'The Independent' reports that researchers
believe a new renewable energy concept
has the potential to reduce the payback
period for solar panels to under five years.
The new concept was developed
by the University of Lisboa and
the Military Academy in Portugal.
The team's concept includes building solar farms
alongside "shadow friendly" crops through a system
known as agrivoltaics, otherwise referred to as Agri-PV.
The concept could help
the world's efforts to transition
to renewable energy sources.
According to researchers, the Agri-PV concept creates a , “union between agricultural
and energy productions.”.
This union could generate more
value than solar farms or
agricultural production alone.
'The Independent' reports that the concept
has gained feasability through the decreasing
cost of solar panels and the growing
need for new food and energy production. .
'The Independent' reports that the concept
has gained feasability through the decreasing
cost of solar panels and the growing
need for new food and energy production. .
These projects, besides
the fact they increase the
production of green energy and
reduce the consumption of
non-renewable energy sources,
also decrease the amount of CO2
released to the atmosphere, Study authors, via 'The Independent'.
The projects’ payback periods
are around four-to-five years
and it is concluded that Agri-PV
is worth more than only PV
or only agriculture productions, Study authors, via 'The Independent'.
The team's concept was detailed
in a paper published in the journal
'Energy for Sustainable Development.'