Solar Tracker Market Growth, Demand & Opportunities
A solar tracker is a system that helps in positioning an object at a relative angle to the Sun. Solar trackers are widely used for positioning the photovoltaic panels that remain perpendicular to the sun’s rays and also help in positioning the space telescopes to determine the direction of the Sun.
PV solar trackers help in adjusting the solar panel’s direction, according to the Sun’s position in the sky. Positioning the solar panels in a perpendicular direction to the sun gets more sunlight striking to solar panel, resulting in the absorption of more energy, with less light getting reflected.
These trackers add a significant advantage for renewable energy. Power tracking enabled by solar tracking increases around 30 to 40 percent power output. Such a significant rise in power output creates opportunities for companies to expand their businesses.
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The growing demand for renewable energy sources for generating power so that the dependence on fossil fuels can be reduced will result in minimizing the carbon emissions to the environment and reducing the impact of global warming.
Solar trackers can be categorized based on the mode of motion. These tracking systems are equipped with a PV surface that facilitates the rotation or tilting around axes for positioning at a proper angle for capturing the maximum sunlight. When the PV surface is adjusted by rotating around an axis, then it is known as single-axis tracking. While, the movement of the PV surface is led by the two axes simultaneously, also known as dual-axis tracking.
Benefits of Single Axis Trackers
The single-axis trackers move from east to west following the Sun’s direction. These axis trackers are cheap, and easy to install, along with the low-cost running. These are highly preferred by companies that want low-cost solutions. They are also best for areas with less sun exposure. These solar trackers generate higher efficiency.
Therefore, the growing demand for power and reducing the dependency on fossil fuels, driven by environmental concerns boost the demand for solar trackers.
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