Yes the cost of solar panels have greatly reduced over the years and as we can see we now have a lot of devices that can be easily powered by solar. Not only that they are cheap but they are also friendly to the environment.
I think this can encourage more people to switch on solar than to the standard type of electricity. Haven't heard any new inventions related on the renewable energy. Did they run out of idea already? Because there have been a good number of inventions that we saw on the past but I believe that they modify it and they make it more better. Renewable energies are the future because like I said earlier they are more cheaper and more greener.
The problem right now is that the storage and transmission of it is not easy. It means if you build a huge solar farm somewhere in the middle of nowhere, then you will have a lot of difficulty to store it and sell it to someone 1000kms away from that farm.
If you want to put solar panels on the roof of your house, it works wonders, my friends did it for their summer house and they do not pay a single cent for their electricity, it costed them around 6 years worth of electricity bill, which sounds a lot when you pay it right now, but imagine putting that amount aside every single month after you already have that panel, you would be making a profit, and bills keep going up each year due to inflation, add that in and its even quicker and much more profitable. So right now, individually it is by far the best solution, but as a business it is still quite difficult to handle the storage and transferring part.
The world is already suffering from an energy crisis, that's why researchers think of renewable energy as our future.
We have already got many benefits of renewable energy, you know, many of us have solar panels in our homes, which is Quiet Useful.
The fuels we use emit large amounts of carbon dioxide, which is extremely harmful to our environment, but the use of renewable energy can protect the earth from excessive carbon dioxide emissions and global warming. That means renewable energy is environmentally friendly.
But the negative side is also worth thinking about, I don't know how much the next world will be able to make good use of renewable energy. Because it is expensive to use and about 90% of the country is suffering from serious debt due to pandemic situations.