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Thread: Over Supply of Solar Panels?

  1. #1
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    Over Supply of Solar Panels?

    With the craze of solar energy models being implemented in major construction projects, do you think this will lead to a huge surplus in solar panels? Each day on the road, I see solar energy trucks that I have never seen before like the storm chasers you see after a hurricane. I am curious if anyone else is noticing the over saturation of solar companies. I predict these systems will start to drop in price so I am not complaining!

    -Jack

  2. #2
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    1st post for me but: Yes and Yes. This is an old post I realize and happened before SolarCity bankruptcy but it still seems there are a lot of panels available for sale out there and still a lot of installers out there. They are not cheap to me though.

  3. #3
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    I think Chinese manufacturers are flooding many markets with excess production...had a hard landing in GDP revisions last year, and there's a lot of scrambling to liquidate stuff & show cashflow to appease the banks.

  4. #4
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    Solar panel growth could lead to a cut back in feed-in tarrifs due to oversupply issues during low demand periods reports The Guardian.

  5. #5
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    It seems to me that this is a normal trend - it is inevitable that solar panels will enter our lives more and more!

  6. #6
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    That's a good thing. Was browsing for one in my local area and I was surprised how much it dropped from 5 years ago

  7. #7
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    I might consider the dual purpose solar panels if by a US mfg. Looks like >90% are chinese made.

  8. #8
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    It is inevitable that solar panels will enter our lives more and more!

  9. #9
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    In my area, more and more rooftops are being "covered" with solar panels - this allows us to be more autonomous.

  10. #10
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    It amazes me to think of the apparent philosophy underpinning Solar Panel Logic. Maybe 'amuses' is a better word. <g>

    The goal is to reduce energy costs. One would project that this would be logically and best accomplished by passive reductions in the need for energy. LED lighting is a decent example - the same amount of light is produced but less energy is used.

    Whereas; "solar panel logic" is apparently aimed at being able to waste the same amount of energy as always, or even more - just at a lower cost. <g>

    Solar reflective roofing, insulation of all sorts, and weather sealing would all pay far greater dividends and at lower cost - and all of them have longer and low maintenance lives. But . . . they lack the glam and panache' of Solar Electric so you don't see so much hype for them. <g>

    PHM
    -------


    Quote Originally Posted by JackCrane View Post
    With the craze of solar energy models being implemented in major construction projects, do you think this will lead to a huge surplus in solar panels? Each day on the road, I see solar energy trucks that I have never seen before like the storm chasers you see after a hurricane. I am curious if anyone else is noticing the over saturation of solar companies. I predict these systems will start to drop in price so I am not complaining!

    -Jack
    PHM
    --------
    The conventional view serves to protect us from the painful job of Thinking

  11. #11
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    Quote Originally Posted by Poodle Head Mikey View Post
    It amazes me to think of the apparent philosophy underpinning Solar Panel Logic. Maybe 'amuses' is a better word. <g>

    The goal is to reduce energy costs. One would project that this would be logically and best accomplished by passive reductions in the need for energy. LED lighting is a decent example - the same amount of light is produced but less energy is used.

    Whereas; "solar panel logic" is apparently aimed at being able to waste the same amount of energy as always, or even more - just at a lower cost. <g>

    Solar reflective roofing, insulation of all sorts, and weather sealing would all pay far greater dividends and at lower cost - and all of them have longer and low maintenance lives. But . . . they lack the glam and panache' of Solar Electric so you don't see so much hype for them. <g>

    PHM
    -------
    Yeah, I did the math on my exterior lighting, over $5k for the system with at todays rates less than $5 a months savings based on a 10 hour run time. It wouldn't pay for itself in 2 PV system lifetimes even if you got the second one free.

  12. #12
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    "Total cost" is seldom considered, so we don't include the energy cost of manufacture of the panels, nor the disposal costs. Landfills are generally the final resting place...

  13. #13
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    In China, there was a boom in solar subsidies before 2018, and a large amount of capital entered this field. In the past, the technology of silicon raw material refining was mastered by Europe and Japan, and now China's technology has taken the lead. Take Xiamen, where I live, for example, there are countless solar manufacturers, and I have more than a dozen friends who are engaged in the export of the photovoltaic industry.
    However, after 2018, the subsidy policy was cancelled and the market boom declined, but the promotion of new energy and environmental protection still stimulates its development.
    At present, there is indeed an oversupply of photovoltaic production capacity.

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