Solar Panel Prices to Drop 70% by 2020!

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Solar Panel Prices to Drop 70% by 2020!Despite what some opponents of solar energy would have you believe, the industry isn’t sputtering to a stop in a classic display of boom and bust. Like any relatively new industry, there are periods of awkward growth, or “growing pains” as the new McKinsey and Company report “Solar Power: Darkest Before Dawn” plainly states. In [...]Solar Feeds Related posts:Solar Panel Prices Continue to Drop40% drop in...

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  • Cariboocoot
    Cariboocoot Banned Posts: 17,615 ✭✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    Really? That would mean solar panels selling for $0.45 per Watt. Hard to imagine. :roll:
  • westbranch
    westbranch Solar Expert Posts: 5,183 ✭✭✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    Coot, it is the whole system that will drop in price, but ya, there will have to be a panel price drop too..
     
    KID #51B  4s 140W to 24V 900Ah C&D AGM
    CL#29032 FW 2126/ 2073/ 2133 175A E-Panel WBjr, 3 x 4s 140W to 24V 900Ah C&D AGM 
    Cotek ST1500W 24V Inverter,OmniCharge 3024,
    2 x Cisco WRT54GL i/c DD-WRT Rtr & Bridge,
    Eu3/2/1000i Gens, 1680W & E-Panel/WBjr to come, CL #647 asleep
    West Chilcotin, BC, Canada
  • Cariboocoot
    Cariboocoot Banned Posts: 17,615 ✭✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    It does say "Solar Panel Prices to Drop 70%" doesn't it? :confused:
  • westbranch
    westbranch Solar Expert Posts: 5,183 ✭✭✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    I saw that as eye candy... as in the middle of the article it states "prices of commercial systems could plummet by more than 40% by 2015, and an additional 30% by 2020 " which seemed more realistic or the writer is confusing panels, arrays and systems...:confused:
     
    KID #51B  4s 140W to 24V 900Ah C&D AGM
    CL#29032 FW 2126/ 2073/ 2133 175A E-Panel WBjr, 3 x 4s 140W to 24V 900Ah C&D AGM 
    Cotek ST1500W 24V Inverter,OmniCharge 3024,
    2 x Cisco WRT54GL i/c DD-WRT Rtr & Bridge,
    Eu3/2/1000i Gens, 1680W & E-Panel/WBjr to come, CL #647 asleep
    West Chilcotin, BC, Canada
  • Cariboocoot
    Cariboocoot Banned Posts: 17,615 ✭✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    Pity they can't say what they mean up front, eh? :roll:
  • john p
    john p Solar Expert Posts: 814 ✭✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    Mabe the price of the cells may drop(but it wont be much) but the price of the aluminium and the glass will most likely rise so will cost of transportation. And inflation will increrase to cost of everything..
  • solarix
    solarix Solar Expert Posts: 713 ✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    The RSS feed always has some BS headline that hypes up and poorly reflects the actual article. I've about given up reading them as it is almost always a disappointment.
  • Windsun
    Windsun Solar Expert Posts: 1,164 ✭✭
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    Re: Solar Panel Prices to Drop 70% by 2020!

    The RSS feeds can be a bit over the top when it comes to hype, as the articles come from many different sources...