Sharp is the biggest company in the world in terms of making revenues from sales of solar panels so it seems counterintuitive for someone to recommend not buying Sharp Solar Panels.However this Japanese Conglomerate has been losing marketshare rapidly to cheaper Asian competitors.Sharp due to its factories in high cost locations makes solar panels at a much higher cost and sells them at much higher prices as well.The reason is that they manage to sell so many solar panels is that consumers are\u00a0 not educated about other better options and the other solar panel companies don’t have the distribution networks.Note Sharp has been trying to diversify away from crystalline solar panels to thin film solar panels.The reason is that they are losing the competitive advantage to Chinese companies like Trina Solar and others.<\/p>\n
Sharp outsources production of solar cells to Taiwanese solar companies<\/a> since it costs them much more to produce solar cells on their own.It makes sense to buy directly from those companies at a cheaper cost than from Sharp.There are also much cheaper solar panels from other bigger Chinese companies like Suntech,Yingle as well.Sharp can say that they have a better quality but that does not work in a commodity business of solar panels.Note Solar Panels are no LCD Tvs and the quality difference between Sharp and Korean Solar Panel from LG will be hardly anything to justify the 40-50% higher price of Sharp Solar Panels compared to the cheapest solar panel from other companies.<\/p>\n Note the Chinese Solar Panel Prices at around $1.5\/watt are the lowest in the world and are sold at a substantial discount to the European and American Solar Panels.These days Solar Panels are also being outsource to China by bigger companies in the West to take advantage of the low cost Chinese Solar Panels..The Prices of Solar Panels can fluctuate a lot depending on the global supply\/demand and is currently at around $1.65\/watt in 2011 beginning.However the prices can come down by around\u00a0 20% if oversupply happens to reach $1.4\/watt or lower.The costs of Chinese Solar Panels differs by different companies with the lowest Panel Producers being able to producer Solar Panels at around $1\/watt<\/p>\n While buying BP Solar Panels<\/a> is dumb both from a Green as well as the Economic Perspective,buying Sharp Solar Panel is a Bad Idea from the Pricing Point of View only.<\/p>\n Greenworldinvestor Articles you should read<\/strong><\/p>\n Sharp is the biggest company in the world in terms of making revenues from sales of solar panels so it seems counterintuitive for someone to recommend not buying Sharp Solar Panels.However this Japanese Conglomerate has been losing marketshare rapidly to cheaper Asian competitors.Sharp due to its factories in high cost locations makes solar panels at a much higher cost and sells them at much higher prices as well.The reason is that they manage to sell so many solar panels is that consumers are not educated about other better options and the other solar panel companies don’t have the distribution networks.Note Sharp has been trying to diversify away from crystalline solar panels to thin film solar panels.The reason is that they are losing the competitive advantage to Chinese companies like Trina Solar and others.<\/p>\n","protected":false},"author":54,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","content-type":"","footnotes":""},"categories":[102,45,52],"tags":[845,1070,1186,1211,1247,1685,1720,1765,1886,2243,2256,3539,3549,4070,4317,5264,5532],"class_list":["post-3453","post","type-post","status-publish","format-standard","hentry","category-solar-cells","category-solar-renewable-energy-greeninvest","category-solar-panels","tag-c-si","tag-chinese","tag-competition","tag-conglomerate","tag-corruption","tag-electricity","tag-energy","tag-environment","tag-factory","tag-government","tag-green","tag-manufacturing","tag-marketshare","tag-polysilicon","tag-regulator","tag-stock-market","tag-thin-film"],"_links":{"self":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/3453","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/users\/54"}],"replies":[{"embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/comments?post=3453"}],"version-history":[{"count":0,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/posts\/3453\/revisions"}],"wp:attachment":[{"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/media?parent=3453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/categories?post=3453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iiec-india.org\/greenworld\/wp-json\/wp\/v2\/tags?post=3453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n