Slowing Markets Bring Individual Solar Panel Prices To Record Lows

The solar market's financially beneficial season does not come without hiccups.  According to Goldman Sachs, solar power component manufacturers are having a tough moment and advise for investors to sell shares.  

Solar Demand Changes Effect The Price

The demand for solar panel systems appears to be slowing in some vital global markets.  And, things couldn't be worse timing as supply side for the solar panel industry is booming.  This industry is not a stranger to boom and bust cycles of economic activity.  

The Chinese Solar Connection

This slowing appears to be connected solidly to the glut created by an oversupply caused by Chinese changes in solar construction policy. As Beijing has halted subsidies for large-scale solar farms for the rest of the year, we may continue to see some price fluctuations in the global solar market. 

"Against this backdrop, we see both volume and pricing risk intensifying in the near-to-medium term, and now forecast 0% average upside across the group," Goldman said in a research note.

Of course, for the individual consumer, this can equate into significant savings on solar panels and their ancillary equipment.  There is still no better time to get a great price on solar than today.  

If you want to move into the future and join the solar revolution, or if you want to find out what solar panels are right for you, go to HahaSmart.com and try our price checker tool. You can see how much a system will cost, and how much you can save over the next 20 years.

For more information relating to going solar, don't forget to visit our solar blog section for more handy guides and articles.