Why does the price of solar street lights decrease year by year?

The street lamp, plus solar panels and batteries, becomes a solar street lamp. Now it has been popularized in vast rural areas. I don't know if you have discovered that the price of solar street lights is decreasing year by year. In the past two years, the solar street lights with medium configuration can be sold for RMB, but now the solar street lights with the same configuration can only be sold in a variety of ways, or even lower. What are the reasons? Next, the author will briefly explain the reasons.

1. The number of solar street lamp manufacturers has mushroomed

In the past few years, the country has vigorously developed the construction of new rural areas, and the construction of new rural roads must use a large number of energy-saving and environmentally friendly solar street lights. Therefore, the market and sales volume of solar street lights produced by manufacturers are not worried, and the profits are considerable. This has caused a lot of assets to be invested in the solar street light industry, resulting in an increasing number of manufacturers. The increase in the number of solar street light manufacturers has led to stronger competition in the industry, and various companies have started to fight price wars, so the price of solar street lights has been decreasing year by year. In addition, there are also many leather bag companies and unscrupulous merchants who cut corners and configure false standards to enter the market at very low prices to attract customers.

2. The price of various raw materials for manufacturing solar street lights is reduced

The price of silicon wafers that make up solar panels has fallen by more than half due to market reasons.

The price of Q steel used to manufacture solar street light poles has dropped by one-tenth compared to before, so the price of the produced light poles has dropped.

, The price of LED chips that compose solar lamps has been reduced, the price of lamp housings, and the price of aluminum substrates have decreased, so a series of causes have led to lower prices of solar lamps

, the price of lithium battery cells and solar street light controllers has been reduced, resulting in a reduction in the price of finished solar lithium batteries.

In summary, whether it is an increase in the number of manufacturers or a decrease in the price of raw materials for solar street lights, these will cause the price of solar street lights to decrease year by year. Finally, lighting gives you a sincere suggestion. When you buy solar street lights, you must go to a regular solar street light manufacturer. You can't be cheap, and only choose low-priced products. After all, the principle of what you pay for will always apply, lest you Buying inferior solar street lights on the market adds a lot of troubles.