What are Solar Panels? Solar panels, also known as photovoltaic (PV) panels, convert sunlight into electrical energy through a process known as photovoltaics. Types of Solar Panels 1. Monocrystalline Solar Panels: High-efficiency, long-lasting, and expensive. 2. Polycrystalline Solar Panels: Lower efficiency, shorter lifespan, and less expensive. 3. Thin-Film Solar Panels: Low efficiency, short lifespan, and least expensive. 4. Bifacial Solar Panels: Can generate electricity from both the front and back sides of the panel.
