Solar panels have become cheaper in the country

Solar panels have become cheaper in the country, with the cost per watt coming down to Rs 40 or less.

According to the report of Moqar Qaumi newspaper, according to the dealers of solar panels, the average rates of solar panels of different types and brands have fallen to Rs.37.

Solar panels will now generate electricity even in the moonlight, introducing new solar modules

Oversupply has caused rates to crash, with solar panel prices down 30% in six months.

According to a BBC report, the demand for solar systems that generate electricity from sunlight is witnessing a rapid increase in Pakistan.

According to official data, the installation of solar panels on the roofs of houses has increased in the last one year as much as it has not happened in the previous ten years.

Sinotech Solar Pvt Ltd started investment in Pakistan

Till March last year, the total production of solar energy in Pakistan was 1000 MW and till March this year it has increased to more than 1800 MW.

A dealer in Lahore said that with the speed with which solar prices are decreasing in Pakistan and people are buying, it seems that solar panels will soon be sold on trucks.

The dealer said that currently the price of solar panel is at the lowest level in history in Pakistan, due to which the cost of installing solar system has decreased continuously in the last few months. Solar panels are expected to become cheaper.