Is that true that the price of solar cells will be reduced in the coming year?
TrendForce, a professional survey firm based in Taiwan announced March 10th : because the global market demand for solar cells is declining it is very possible that the price of solar will eventually goes down.
If the solar cells' price really goes down, I will definitely start on a new project of installing the solar cell panel in my factory.
It is very possibile that that solar cells' price will go down this year because there were many orders last year, either from European or China market. The solar cells are actually very sustainable. Once you buy it, you can use it for years. With the falling demand the price of course will go down.
There are some policy change from the central government that financial subsidies of purchasing solar cells from the government will be lowered compared to last year. This could be a big reason for the price going down.
According to the research and survery we did recently in the 2nd tier cities in China, the possibility of the solar cells' price going down is very low. Reasons? All the solar cells project hasn't started yet at the end of the last year in the 2nd tier cities in China. The market won't allow the price to go down.
