Prices of solar panels decreased again

The prices of solar panels in Pakistan have further decreased with the average rates of the panel has fallen to Rs37.

According to solar panel dealers, the price per watt has come down to Rs40 or below, the average rates of solar panels of different types and brands have fallen to Rs37.

Dealers said the rates have crashed due to excessive supply.

Regarding the reduction in prices, they said that due to excessive supply, rates have crashed and in just six months, the prices of solar panels have come down by 30 percent.