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Solar Module Prices to Remain High Until Second Half of 2021


Solar module cost has gone up by 35% amidst inflated costs of raw materials like glass, polysilicon, and silver since the second half of 2020 in China. Meanwhile, freight rates had also increased substantially due to a shortage of shipping capacity because of Covid-19 regulations for the crew, pushing up module prices further. Industry experts have concluded that supply constraints could continue until the second half of this year, and the current prices of modules were the best that can be projected for the next six months, or even longer. 


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