KARACHI – The prices of solar panels have decreased considerably in Pakistan just before the onset of the summer season.
The price of solar panels in Pakistan has decreased by 30% over the last six months, according to traders, which is good news for consumers.
They revealed that the massive price decline was witnessed due to a higher supply of solar panels in the market.
They added that the cost of a solar panel in Pakistan has dropped to less than Rs40 per watt.
Read More: Govt Set to Impose Tax on Solar Panel Users; Check details inside
The average price of per watt solar panel in Pakistan stands at Rs37, said the traders amid fears of further decline in the rates.
As of May 2024, the solar panel plates for the 7-kilowatt system will now cost Rs259,000 in Pakistan.
The solar panel plates for a 12-kilowatt system will now cost Rs444,000.
ISLAMABAD: According to Pakistan Space and Upper Atmosphere Research Commission (SUPARCO), the new moon of…
KOHAT: A residential house collapsed due to heavy rain in the Malgin area of Lachi…
ABU DHUBAI: The United Arab Emirates has prepared a plan to establish a new multi-purpose port…
DUBAI: The International Cricket Council (ICC) is considering plans that could allow the Afghan women's…
ISLAMABAD: Escalating tensions between the United States and Iran have once again unsettled global oil…
ISLAMABAD: Pakistan's energy sector is headed for another high-stakes international commercial arbitration, with Petrosin CNG…