r4dent
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Pointing panels directly at the Sun all day can actually reduce the efficiency of solar panels. The hotter the panel gets can reduce the output slightly.
The important word being slightly.
Not pointing directly at the sun can reduce the output significantly.
The lower the angle of incidence (i.e. the lower the sun is in the sky) the greater the loss of output.
In the UK the sun (even at noon) is usually less that 45 degrees incidence.
At 45 degrees the loss is over 30%.
Even allowing for the loss of efficiency from heat, a panel pointing directly at the sun will always produce more power than a flat mounted panel.