If you are planning to install a rooftop solar system or build a large solar power plant, the most important factor is the cost of the solar panels (modules). Solar modules usually make up about 50% to 60% of the total cost of a solar project.
The May 2024 Solar Module Price Tracker report reveals excellent news for buyers: global and domestic solar panel prices have dropped significantly. Let’s explore why this price drop is happening and how it benefits you.