Solar PV vs Solar Thermal System – Which One Should I Use?
The advantages of both types of solar panels and how they can work together
The principle behind both types of solar panel – solar photovoltaic (PV) and solar thermal – is the same. They absorb raw energy from the sun and use it to create usable energy.
In solar PV systems this is through the creation of electricity, whereas thermal systems are used directly for heating water or air. For many households there is no need to decide which of the two technologies is better as they can be used in tandem. For businesses and landowners the debate is slightly different, as the main goal is to get a return on investment or generate a sustainable second income.
In this article we look at the advantages of both of these solar panels in isolation, before looking at how they can be used together.
Advantages of Solar PV
Lightsource bp uses Solar PV for its rooftop installations. Though solar PV has a higher capital cost than solar thermal, the government has offset this with initiatives such as the Feed-In-Tariffs, which has made them an attractive long-term investment. With the cost of solar panels decreasing, as well the rising cost of energy on the grid, many people are seeing solar PV as a sound investment which can also add value to their home, as a means of safeguarding their future energy costs and as a way of significantly lowering their carbon footprint.
Solar PV has a big advantage over solar thermal in that it generates electricity, whereas solar thermal is dedicated to heating water or air. This allows solar PV owners to sell excess electricity back to the grid and generate a sustainable second income. When solar PV panels are installed on commercial rooftops or on farmland — a service that Lightsource offers — huge savings can be made on electricity, due to the scale of the installation and the amount of electricity that can be generated.
Recent controversy linking solar thermal farms to bird deaths is potentially another reason to favour solar PV technology over solar thermal for large solar farms. However, it’s best not to make any conclusions until further research has been carried out.
Advantages of Solar Thermal
Traditionally solar thermal had an advantage over solar PV as it was cheaper, but the Feed-In-Tariffs changed this (even when taking into consideration the Domestic RenewabIe Heat Incentive) to make the two systems comparative. In the current climate the two systems are relatively priced, which means that the main reason to opt for solar thermal is for the space that it saves.
As a comparison, a solar PV system could take up to 10m2 of roof space as opposed to just 3m2-4m2 for a solar thermal system. This is due to its high efficiency. Solar thermal can turn around 90% of radiation into heat, whereas solar PV has an efficiency of between 15% and 20%, though improvements in panel technology is seeing this number consistently increase.
Advantages of Solar PV and Thermal Systems Together
As many households want their solar panels to provide them with hot water, and seeing as solar thermal systems are dedicated to doing this, many people are installing both types of solar panels. An example on the Energy Savings Trust website saw one homeowner install 12 solar PV panels to generate electricity and two solar thermal panels for hot water, allowing them to make the most of the efficiency of solar thermal for their hot water needs, while utilising the solar PV for other uses and allowing for the possibility of selling any excess electricity — especially the case during the summer — back to the grid. New hybrid panels which use both solar PV and solar thermal within the same unit will see these hybrid systems become more common in households.
If you have a commercial rooftop or piece of land that you would like to use for generating solar energy and would like to know what is your best option, please get in touch with Lightsource. Our solar projects could help you make a guaranteed saving on your energy costs or even generate a second income.
News
10 Oct, 2024
Poland: Celebrating the official opening of Kotuń solar farm – our first solar project in Poland
The Kotuń solar farm is a key project for Lightsource bp and represents an important step in the development of renewable energy sources in Poland.
09 Oct, 2024
The overlooked quick win for European renewables
Despite significant growth in renewable energy, the sector is calling for more grid investment and faster permitting to unlock its full potential.
07 Oct, 2024
Lightsource bp joins new World Economic Forum coalition to accelerate responsible renewable infrastructure deployment
Lightsource bp has joined industry peers, environmental non-profits and the World Economic Forum (WEF) to launch the Responsible Renewables Infrastructure Coalition.
30 Sep, 2024
Lightsource bp founder recognised with UK solar achievement award
Lightsource bp co-founder, Nick Boyle, has been recognised by the UK Solar & Storage Live Awards with the lifetime achievement accolade.
30 Sep, 2024
How the solar industry is setting the pace for economic growth
New employment data for the solar industry in Europe has revealed the continued growth of job creation in the sector in 2023.
25 Sep, 2024
Lightsource bp and Schroders Greencoat: Partnering for the future
The scalable and flexible nature of solar power lends itself well to collaborations and partnerships.
23 Sep, 2024
How energy storage is boosting the benefits of solar
The rapid pace of the energy transition demands that we remain constantly evolving, and battery energy storage is an agile option to provide that service.
16 Sep, 2024
Celebrating the Mid-Autumn Festival and Chuseok: Embracing diversity across Singapore, South Korea and Taiwan
At Lightsource bp, our commitment to diversity, equity and inclusion is central to who we are as a company.
30 Aug, 2024
Taking time out for our wellbeing day-off
To encourage healthy work-life balance, this year we once again rewarded our team members with an extra day of annual leave to focus on their wellbeing.
27 Aug, 2024
New Zealand: Kōwhai Park solar farm breaks ground
We’re pleased to share that our Kōwhai Park solar farm in Christchurch, New Zealand, has officially broken ground following the project’s successful financial close.