Last week I read an article that said solar panels are now going for around 15 to 17 cents per Watt or even less than that. I remembered when I started working in C&I solar, solar panels were hovering around 60-70 cents per Watt. That was around 2015. That’s a nice drop in just 8 years. A lot of other stuff has also changed as the technology advances bring higher efficiency panels as well. I remember in 2015, the mostly widely available solar panels in this part of the world were 250W panels or even lower rated panels. Now in 2023, everyone is using 550W panels or higher. So, for a 5kWp system you now only need 10 panels compared to 20 panels in 2015. Another major step forward is we now have a plethora of very good and more affordable hybrids inverters, mostly from China, unlike in 2015…
Read the full article originally published at cleantechnica.com.