The demands of solar products have raised very fast in the first three quarters of 2017 and the manufacture of polycrystalline silicon, silicon wafer, batteries and components are 170 thousand tons, 62GW, 51GW and 53GW. Due to the impact of environmental protection, restriction of import, the price of silicon is going up continuously.
Solar panels will no longer be the single most expensive part of a system. Racking, cables, controllers, inverters and the installation itself will become a significant part of the total cost by 2018.
It is very easy to overlook the fact that most of the solar electricity that will be operating in the next five years have not been built yet. Companies that are market leaders are the vertically integrated companies with upstream manufacturing of the components to downstream project development and construction. Going forward, solar PV leaders will be champions in sales/marketing and cost-efficient construction. Companies capable of building quality projects at a lower cost and extensive sales network will be able to sell more.
EO Solar Energy welcomes the solar companies all over the world for cooperation. We will continue to provide high quality and cost effective solar productions to our customers.