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5. Monitoring Many solar panel services also offer monitoring solutions that track energy production and system performance in real time. This technology allows homeowners and businesses to understand their energy usage better and identify any issues promptly. Monitoring can lead to actionable insights, helping users optimize their energy consumption and increase savings.
Today, PV cells account for a significant portion of the global renewable energy landscape. According to the International Energy Agency (IEA), solar PV capacity reached over 900 gigawatts (GW) by 2020, making it one of the fastest-growing energy sources worldwide. The increasing affordability of solar technology has made it accessible to consumers and businesses alike, with costs dropping by more than 80% since 2010.
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