Solar Energy as an Energy Source: An Approach

Abstract

The paper deals with utilization & possibilities of solar energy (photo-voltaic systems) and with transformation of this energy to chemical energy as well as its utilization in the surface treatment of metals by electrochemical processes.This technology can be widely applied in machine industry in the future due to cheap electrical energy generation. Next advantage of this electrical energy generation is the decrease of negative environmental impact. Surface treatments affect lifetime, serviceability, usability, availability and maintenance of equipment. The financial return from a solar energy investment is affected by multiple factors such as the fluctuation of solar radiation over time and the price of electricity. Solar energy has many benefits compared to fossil fuels. It is clean and green, non-polluting and everlasting energy. For this reason it has attracted more attention than other alternative sources of energy in recent years. Many energy economists say that solar energy is going to play an increasingly important role in all our lives. To highlight the importance of such a source of energy becomes not only important but also inevitable. This paper analyzes the determining factors of solar energy usage and also analyzes the benefit of the different solar energy devises.