While solar technology has been rapidly advancing, prices have also been dropping. According to Green Tech Media in their recent article, the average lifespan of a solar project has increased from 21.5 years in 2007 to 32.5 years as of now. What’s even better is that operating costs have been halved since then as well! This is great news for anyone looking to invest in solar projects because when the lifetime of your system is increased and operating costs are reduced, more money is saved in the long run. With this news, we hope to see more solar projects in Hawai’i and the rest of the U.S., because saving money and moving towards green technology is beneficial for everyone. For more information, check out the article linked below.
https://www.greentechmedia.com/articles/read/solar-plants-expected-to-operate-30-years
