Each Solar Panel technology differs from others in terms of efficiency and price. They also differ in the electricity production capabilities depending on temperature. They also differ in weight and flexibility. The sizes of Solar Panels are also quite different and different powered solar panels are required for different applications. Polycrystalline silicon solar panels are the most common, accounting for a lion’s share of solar panels produced globally.
Monocrystalline are high efficiency panels with high cost of production. The most important difference between the two is that monocrystalline are more efficient and more costly than polycrystalline panels. Generally speaking, polycrystalline panels have an efficiency that is about 70% to 80% of a comparable monocrystalline solar panel. Hence Polycrystalline Solar Panels are the most used solar panels on the planet.