in

Is stockpiling solar panels a good idea?

Is stockpiling solar panels a good idea?

Breakdown

  • Some huge solar power developers are rushing to take advantage of expiring tax credits.
  • Duke from North Carolina is banking 2 gigawatts worth of panels.
  • Some estimate that companies will invest almost $30 billion in unsold panels.
  • If demand weakens, prices drop, or technology advances, that investment could bring major losses.

Seems like a risky bet with prices falling as quickly as they are. Combine that with advancements in solar generation, and I don’t know I would make the same call.

Full article

Report

Level 3.2

Written by Jobindi

What do you think?

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

Loading…

0
Seeing through solar panels.

Seeing through solar panels.

Xpeng adds range to the new G3.

Xpeng adds range to the new G3