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Price Solar Panels Down Another 20% in 2013

price-solar-panels-down-20percent

According to REC Solar, one of the leading European solar companies, the price falls of 60-80 % over the last 3-4 years will be continued over 2013, mostly as a result of lower manufactoring costs. It is interesting to note that the cost of polysilicon ‘raw material’ only constitutes a minor part of the overall cost of a solar panel.

[reneweconomy.com.au]

price-of-solar-power-drop-graph[source]

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