Solar modules are piling up in warehouses as a massive supply glut has slashed prices by half, IEA says
by thisisinsider
Solar modules are piling up in warehouses as a massive supply glut has slashed prices by half, IEA says
by thisisinsider
3 comments
TL;DR:
* The US and European Union are seeing solar panels pile up amid a massive oversupply, the IEA says.
* This has slashed prices by nearly half in 2023, and prices are set to continue dropping.
* “Manufacturers are focusing on cost-cutting and innovation,” the International Energy Agency wrote.
This is good news. In my neighborhood almost every home has solar panels as do most businesses now. Many people actually get money back from electrical companies. My son has been very busy installing solar panels and the company he wors for is paying for him to get his electricians license.
As home and business construction starts up, there will ve a ready supply of solar panels waiting to be used.
Win-win!!! Less pollution, cleaner more reliable power. Money being returned to the consumers. Count me in!!!!
I just want panels and inverters. I don’t want the install cost cause I can do it myself. I hope the overall market cheapens