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Solar panel price drop in Pakistan- Check latest rates

Solar panel price drop in Pakistan- Check latest rates

Web Desk August 15, 2024 Add Bol News as a trusted source

Solar panel prices in Pakistan have reached an unprecedented low of Rs30-32 per Watt, marking the most significant decline in the industry's history.

This sharp drop is mainly due to an oversupply in the domestic market and a global reduction in lithium battery prices, which has also contributed to lower international solar panel costs.

Over the past year, international lithium battery prices have fallen by nearly 50%, significantly impacting solar panel prices in Pakistan and pushing them down considerably.

However, dry battery prices have remained relatively stable, as importers have been reluctant to pass on these cost reductions to local consumers.

Since 2023, Pakistan’s solar energy sector has been growing due to increased imports from China, rising electricity bills, and the low cost of solar panels, which have boosted demand for net metering systems across the country.

Latest solar plate price in Pakistan 2024

Description Watt Panel price
Longi 500 Watt Single Glass A-Grade 550 Rs18,500
Longi 540W Mono Solar Panel 540 Rs19,980
Longi 545W Mono Perc Solar Panel 545 Rs20,165
Longi 550 Watt Single Glass A-Grade 550 Rs20,350
Longi 550 Watt B-Grade Size 45/90 Solar Panel 550 Rs18,000
Longi 555 Watt Single Glass A-Grade 555 Rs20,535
Longi Hi-Mo 6 A-Grade 570 Rs20,230
Longi Hi-Mo 6 A-Grade 580 Rs22,620
Longi Hi-Mo 6 A-Grade 585 Rs22,815
Longi Hi-Mo 7 Premium 580 Rs23,780
 

 

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