P. M Enterprises, Indore

Solar panels are very hardy. Compared to alternative power sources, they wear out very slowly. The principal factor affecting the loss in power with time is the Space radiation environment. For low radiation environments, such as low Earth orbiting, their effectiveness decreases around 1 to 2 percent a year. This means after a five year mission the solar panels will still be making more than 90% of what they made at the beginning of the mission (as long as they haven't gotten farther away from the Sun). In contrast, for missions in higher radiation environments, such as mid altitude Earth orbit (2000 to 10000 kilometers), arrays can lose half their power within 1 year. That is one reason few missions fly in this orbital range.