The year 2024 brought a significant drop in prices. However, the roots of this situation go back to 2022 and 2023, when Chinese manufacturers doubled their production capacities. It turned out that expectations were not met, and up to 40% of production lines remained idle. This resulted in losses worth trillions. As a consequence, panel prices dropped to the level of production costs.
In response, China intervened by introducing new limits on production and exports, which should gradually lead to price stabilization in 2025. The first results were quick to appear – over the past two weeks, prices have already increased, and we expect them to continue rising at least until mid-year.
How would we describe the changes in our portfolio as we enter 2025? In one word: PRACTICALITY. We have streamlined and fine-tuned our offering to reflect:
☑️ Current trends
☑️ Market needs
☑️ Technical parameters
☑️ Reliability
In addition to AIKO and Trina, our portfolio includes products from AEG, Bisol, and Canadian Solar. AEG, for example, offers European quality with a 30-year warranty – a significant contrast to the standard 15-year warranty on commercial panels. Every product is carefully selected based on its technical parameters and reliability.
The photovoltaic panel market is constantly evolving. Despite last year’s skepticism, we believe 2025 will not be as critical. At SOLSOL, we can confidently say that the largest technology manufacturers have chosen us as their trusted partner for the coming years.
If you are interested in how current trends could impact your project or need consultation on selecting the ideal panels, feel free to contact us at sales@solsol.cz.
Want to know more? Watch the recording of our webinar, where Radek Orság explains everything in detail.
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