Can Cheap Solar Panels Get Any Cheaper? Hell Yeah!

a solar panel

Panel prices have dropped 80% in 4 years – can they get any cheaper?

If you want to buy some absolute junk you can currently buy bottom end, ultra cheap solar panels for $0.50 per Watt. But I wouldn’t recommend it.  Unless you want to risk your roof turning into a giant barbecue.

Most solar panel factories have been losing money hand over fist for at least the last couple of years. Many of the largest companies have lost many hundreds of millions. This has led many observers to believe that solar panel manufacturers will have to start raising prices in order to survive. In fact there is evidence of this starting to happen with panel prices rising slightly in the first 2 months of 2013.

So is this the end of dirt cheap solar panels? [Read more…]

Silicon Price Slumps – When will Solar Panels Follow Suit?

The value of silicon has plummetted recently with refined silicon (used to make solar cells) being around $100 per kilo, about 4-5 times cheaper than it was only a year ago.

Dare I say it – Silicon is Cheap As Chips!

Sorry…couldn’t resist that one.

Unfortunately this hasn’t followed through to hugely reduce the price of solar panels yet (silicon is the biggest ingredient in most solar PV panels).

[Read more…]