Third-generation technologies are not yet widely demonstrated or commercialised. They are on the horizon and may have potential comparable to other renewable energy technologies, but still depend on attracting sufficient attention and RD&D funding. These newest technologies include advanced biomass gasification, biorefinery technologies, solar thermal power stations, hot dry rock geothermal energy and ocean energy.

There are two types of crystalline silicon, but it’s likely you’ll more often encounter monocrystalline silicon: it has a square-ish structure, and its high silicon content makes it more effective (and more expensive) than other panel materials. The other type of crystalline silicon, polycrystalline, is cheaper but less effective, so it’s used when there’s plenty of space (e.g., on a solar farm)—typically not on residential installs.
As the cost of solar electricity has fallen, the number of grid-connected solar PV systems has grown into the millions and utility-scale solar power stations with hundreds of megawatts are being built. Solar PV is rapidly becoming an inexpensive, low-carbon technology to harness renewable energy from the Sun. The current largest photovoltaic power station in the world is the 850 MW Longyangxia Dam Solar Park, in Qinghai, China.