A SUDDEN and steep rise in the cost for solar panels seems to have thrown a spanner in the works of the burgeoning solar power industry.
All this while, the success of the industry, which captures energy from the sun and converts it into electricity, has been its gradually lowering costs and its green credentials – reasons which have made it the fastest-growing power source in the world.
But now, solar panels or module prices have risen 18% since the start of the year after the cost had fallen dramatically over the past decade.
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