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Suntech to lead solar panel production

Suntech is a Chinese based solar panel producer that is now on track this year to overtake Q-Cells as top solar panel manufacturer in the world. Recently prices for solar panels have been dropping since there is an overcapacity in the supply of solar panels. It’s a buyers market solar panels because companies like Suntech are keeping the industry well stocked, therefore giving buyers leverage of price. A couple years ago demand was exceeding the supply of solar panels which is never good for the buyer.

The solar panel in the picture above is the Suntech “Black Label” which is a low profile 175 watt solar panel that appeals to buyers who are seeking improved aesthetics. Suntech has an extensive product mix including standard crystalline solar panels and even Building Integrated Photovoltaics (BIPV) such as solar shingles and windows that can produce electricity.

Author: Deep Patel

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