Choosing the right solar panel helps maximise solar PV module efficiency. They must be cost-effective, while still offering better performance. Photovoltaic panels price may vary according to their durability and efficiency. You must see that the panels you choose are ideal for your region, its weather, and the sunlight your area receives. It helps better energy savings, enhanced life of the systems and a better ROI. This article covers information related to solar PV module price, and the quality of main solar panels used today. The information will help you gain detailed insights into various solar panels. The blog will help you make informed decisions while selecting the most suitable solar panel.

Solar PV Modules: Overview

Solar photovoltaic modules are in general called solar panels. They convert sunlight to solar energy. Several solar cells are used to create PV modules. Semiconductor materials such as silicon are used to make these solar cells. Three main types of solar panels used today are: 1. Monocrystalline 2. Polycrystalline 3. Thin film They have their own benefits and drawbacks. Let’s understand the details.

Monocrystalline vs. Polycrystalline vs. Thin-Film Panels

Monocrystalline Panels	Polycrystalline Panels	Thin-Film Panels
Characteristics
These are made from a single and continuous crystal structure. It helps with better electron flow and high efficiency. They have a uniform black colour. Their appearance is smart and elegant.	Polycrystalline panels are made by melting many silicon crystals together. The panels have a definite speckled blue look.	These panels are lightweight and flexible. They are made from ultra-thin layers of photovoltaic materials.
Advantages
Requires less space: They require less space and produce a large amount of electricity Lasts for years: Last up to 25 to 30 years Can work in low light: Ideal for regions with low or variable sunlight. Better performance with higher temperatures: Perform better at higher temperatures.	Affordable: Lower price than monocrystalline panels. Lasts for years: It lasts for about 25 years. Good Performance in High Temperatures: Perform well in high temperatures.	Affordable and versatile Their lightweight facilitates easy shipping. Their flexibility makes it possible to install them on curved surfaces. Large-scale applications can benefit from the low cost of these panels. Perform better in low light and high temperatures. The thin nature of these panels helps them perform better in low light.
Disadvantages
Costlier than other solar panels.	Polycrystalline panels require more space to produce the same amount of electricity as monocrystalline panels.	Shorter lifespan Lower efficiency
Average Price
INR 40 to INR 60 per watt.	INR 30 to INR 45 per watt.	INR 20 to INR 35 per watt.
Prices may vary as per location, installation and brand. Please contact a reputed solar panel dealer to get a specific and accurate quote.

The solar module prices depend on the type of panel, its manufacturing process and overall efficiency. High-purity silicon goes into the making of monocrystalline panels. Its manufacturing process is also complex. It adds to the cost of these panels making them expensive. Polycrystalline panels use low-purity silicon. Its manufacturing process is also simple, keeping the solar PV module price affordable. No costly raw materials are used to produce thin film panels. They offer a lower panel solar price than monocrystalline and polycrystalline panels.

What type of solar panel to choose?

Consider the following points before buying a solar panel system:

• Budget
• Space available
• Energy requirement
• Regional climate
• Aesthetic preferences
• Panel types
• Brands
• Warranties
• Company offers

Monocrystalline panels are the most efficient. They save space and are durable. Select them if your energy requirements are high. Polycrystalline is more affordable than monocrystalline, and less efficient. You can select polycrystalline if you are ready to compromise on efficiency. Select thin film panels for a cheaper option, and if you wish to install them on curved or portable surfaces.

Conclusion

The Indian government has launched the solar energy subsidy programme. It helps consumers switch to solar energy at an affordable cost. Selecting the appropriate solar panel is crucial. It must suffice your energy consumption, regional weather, and budget. The article covers all aspects of solar panels and their types to help you choose the correct solar system installation. For further information, contact Freyr Energy, India’s Leading solar energy company, who can assist with installation details and government subsidies.