Solar Panels



Home > Learning Center > Solar Panels Solar Panels For the first time producers of solar panels expect to see a glut of panels on the market. Before the recent financial crisis the solar sector was growing. Now, however, many companies and consumers will halt spending on solar power because of the crisis. One major producer of solar panels, Suntech, expects that its prices will fall by as much as 10% to 15% next year. This will be good news for consumers and businesses that have the money on hand to purchase panels. However, the financial crisis may be so severe that there could still be too much product sitting in storage facilities. Manufacturers of solar panels will need to cut costs for production. This will allow them to stay in business. In addition, it will be essential to improve technology to cut the cost of solar cells for consumers to use solar power.

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