Solar energy is actually a source of renewable energy. It can be used in every corner of the world, i.e. it is always available. Solar energy is a never-ending energy source

4. Market Demand and Supply Chain The global demand for solar panels affects their pricing. During periods of high demand, prices may rise due to limited supply. Conversely, advancements in technology and manufacturing efficiencies can lead to lower prices.

4. Additional Features Prices can also be influenced by additional features like smart monitoring, energy management systems, and built-in safety protections. Some inverters come with advanced software capabilities that allow for better energy management, which can justify a higher price.