What is a Solar Panel?
Solar panels absorb energy from the sun and feed it into a solar inverter, which then converts that energy into the right electricity for your home. Most panels will have a lifespan of over 20 years and degrade in their production by less than 0.4% every year. However, this will differ depending on the brand, type of panel and the weather conditions of the area where the panels are being installed.
About Yingli Solar:
Yingli Solar is a Chinese company founded in 1998 and has since become a leading competitor in the solar industry. Yingli was ranked in the top 5 solar panels in the world by PHOTON and TUV Rheinland. However, the company ran into financial trouble during the latter half of 2016.
Pros of a Yingli Solar Panel:
- Panels covered by a 25 year warranty
- Efficiency rating of up to 17.2%
- Panels built to withstand high wind & snow loads
Cons of a Yingli Solar Panel:
- Not suited for smaller homes
- History of financial hardship which could cause issues with future warranties
The Importance of Choosing the Right Solar Panel:
Installing the ideal panel will save you thousands in the long run. Finding what panel brand is best for your home, budget and lifestyle can be a difficult task, which is why it’s important to do plenty of research before installing.
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