Solar Panel Rates in Pakistan June 2024 Daily Updat

Solar Panel Rates in Pakistan

The economy of Pakistan is facing many challenges, and the inflation rate is also high. Electricity rates are at their highest mark in Pakistan’s history, and people are now unable to pay heavy bills with heavy taxes. As a result, people are now exploring alternative options such as  Solar Systems to shift towards solar systems. In fact, the demand for solar panels in 2024 is expected to reach its peak. Nowadays, the price of solar panels is about 38 PKR to 48 PKR per watt.

Investing in Solar Systems is a one-time investment and will benefit for a long time. Luckily, the prices of solar panels are decreasing in Pakistan, and it is an ideal time to shift to solar energy. Although different factors influence the prices of solar panels, there is a negligible difference in the prices across various cities in Pakistan, and the average price remains the same. According to my research,  the best type of Solar Panel is N-type Bifacial and the average price of bifacial N-type 575 watt A-grade is Rs.47/watt.

What are solar panels?

Solar panels are also called photovoltaic panels ( PV panels). These panels are linked together and form a cell; every cell comprises silicon layers and phosphorus. It’s a systematic way of receiving sunlight and converting it into usable electricity. The process ensures a clean, environmentally friendly, cost-effective, renewable energy source.

How does a solar panel work?

When sunlight touches photovoltaic cells, they absorb solar energy and convert it into electricity. The process is called the photovoltaic effect. During this process, the PV cells become charged and start vibrating and generating free electrons. These electrons are then released into the electric field and pulled to a directional current. This current passes through the inverter, which converts it into an alternating current for the home electricity system. A complete understanding of the types, sizes, features, merits, and demerits of photovoltaic systems is necessary before purchasing to ensure that you make an informed decision.

Brand & SpecificationsPrice Per WattTotal price per plate
Trina solar panel A-grade 550 Watts panel price3820900
ZN Shine 545 watts single glass A-grad Price3820710
Maysun 550 watts A-grade solar panel price3619800
RENA Solar Panel price Bificial 550 watt A-grade4122550
Solar Panel Price in Pakistan-2024
Sr.No.Capacity (Watt)Branded/LocalPrice (RS)
01Per wattBranded39 to 44
02Per wattLocal36 to 40
Solar Panel Rates in Local Market
Brand & SpecificationsPrice Per Watt
Longi Himo 5 Single Glass or Monofacial Tier1 Documented single glass39
Jinko P-Type Monofacial price or Single Glass Tier1 Documented single glass37
JA Single Glass or Monofacial price a Grade Panels Tier1 Documented36
Canadian Single Glass or Monofacial panel Tier1 Documented37
Eging Solar Panel A-grade 40
RENA Solar Panel A-grade Double glass38
Jinko N-type monocrystalline watt Tier1 Documented43
Longi Himo 5 Bificial Tier1 Documented A-grade39
Astro Energy Solar Panel N-type Bifacial38
Trina N-type monocrystalline Tier1 Documented43
Longi Himo 7 N-Type Bifacial Tier1 Documented A-grade43
A-grade Solar Panel Rates in Pakistan
Brand & SpecificationsTotal price per plate
Longi 550 watts B-grade size 45/9019000
Jinko 550 watt B-grade non documented size 45/9019000
Canaddian B-grade 650 watts27000
JA 550 Watts B-grade non documented size 45/9019500
650 watts27000
450 watts17000
350 watts16500
B-grade solar panel Rates in Pakistan
Brand & SpecificationsPrice Per WattPrice Per Panel
Longi Hi-Mo 6 565/ 575/ 570/ 580/ 585 watt single glass size 90/453922425
Longi Hi-Mo 7 580 watt single glass 18 bus bar N-type size 90/454324940
Longi HiMo 5 560/555 watt single glass P-type mono facial panel size 90/453921645
Longi HiMo 5 540/535 watt single glass P-type Bificial 90/453921060
Longi solar panel Rates in Pakistan
Brand & SpecificationsPrice Per WattPrice Per Panel
JA N-type Bificial 580 watt 16 bus bar 45/92 size4022910
JA 540 watts single glass A-grad documented Price 45/90 size3619800
JA 565 watts single glrass tier one A-grade 45/92 size3620340
JA 550 Bifical/double glass tier one A-grade 45/92 size3820710
JA solar panel Rates in Pakistan
Brand & SpecificationsPrice Per WattPrice Per Panel
Jinko N-type 580 watt A-grade documented price4324940
Jinko N-type 580 watt A-grade Bifacial solar panel4526100
Jinko P-type A-grade tier 1 solar panel 555 watts3720535
Jinko P-type A-grade tier 1 solar panel 560 watts3720720
Jinko P-type Bificial A-grade tier 1 solar panel 540 watts4424840
Jinko solar panel Rates in Pakistan
Brand & SpecificationsPrice Per WattPrice Per Panel
Canadian Topcon solar opanel 575 watt price4425300
650 Canadian watt solar panel price in Pakistan3724050
Canadian 555 watts Tier 1 single glass A-grade documented3720535
Canadian 545 watts single glass A-grade price3720165
Canadian 550 watts single glass A-grade price3720350
Canadian solar panel Rates in Pakistan

Types of solar panels

I will discuss four main types of solar plates in this article.

Monocrystalline solar panels

Monocrystalline solar panels are made up of single-crystal pure silicon. These are well structured, and the making procedure for this type of solar panel is called the Czochralski method. Their significant structure and pure single-crystal silicon help the efficient movement of electrons, resulting in an enhanced ability to convert into usable energy effectively. These are available in small squares at rounded corners of each cell shape and signature black in color.

The N-type solar panel is a monocrystalline type of solar panel. The phosphorus is used in the composition of N-type solar panels and has one extra electron than silicon, making the N-type solar panel negatively charged. Boron is mixed with monocrystalline or polycrystalline silicon in a P-type solar panel composition that has one less electron than silicon. It helps to positively charge the solar cell that results in minimizing solar energy loss.

Pros & Cons of -Monocrystalline solar panels

  • These are most popular in Pakistan and widely used.
  • Required less space.
  • Long-lasting.
  • Resistant to high temperatures.
  • Famous for their high efficiency in energy production. 
  • Lifespan is 30+ years. 
  • Relatively more expensive than others.

Polycrystalline solar panels

Polycrystalline panels are called multi-crystalline panels because they comprise multiple fragments of silicon. Now, they are made by melting pieces of silicon to give shape in squares by avoiding cuts, which are limited to waste production. This easy production process and less wastage result in more affordability for low-budget buyers. These are square-shaped, have straight edges, and shine blue in sunlight.

Pros & Cons of Polycrystalline solar panels

  • These are less expensive and mid-range panels
  • Budget-friendly for low-income buyers.
  • Sensitive to high temperatures, can be degraded, and are less efficient.
  • Shorter lifespans of 25+ years.

Thin film solar panels

A thin-layer solar panel is a unique and innovative type of solar panel. Unlike monocrystalline and polycrystalline solar panels, these are made up of a thin layer of photovoltaic material deposited between a conductive sheet and a protective glass layer. The photovoltaic material is made up of copper indium gallium selenide (CIGS), cadmium telluride (CdTe), and amorphous silicon (a-Si). This layer is 350 times thinner than the silicon used in monocrystalline and polycrystalline panels. These panels shine blue-black in sunlight.

Pros & Cons of Thin Film Solar Panels

  • Flexible solar panels. 
  • Easy to mold and shift. 
  • Easy to install just like roof tiles.
  • Light weight and have low labor costs. 
  • Less expensive. 
  • Less efficient.
  • low power capacity.

Passivated Emitter and Rear Cell (PERC) Panels

PERC is a clever technology. It is a modified form of a monocrystalline solar panel. This technology places an extra layer of monocrystalline silicon on the back side of the solar panel. The additional layer works smartly. It reflects sunlight to solar cells, absorbing more solar power and converting it into more usable energy.

This modification technology applies to both monocrystalline and polycrystalline solar panels. It is a choice for manufacturers and buyers and can upgrade monocrystalline and polycrystalline solar panels to passivated Emitter and Rear Cell panels. PERC panels are also known as bifacial solar panels because they have extra back layer efficiency.

Pros & Cons of (PERC) Panels

  • PERC panels are more efficient than all others.
  • Produce large amounts of energy with fewer panels.
  • Requires small area to install.
  • Best option for buyers. 
  • Bifacial panels can perform in high and low temperatures.
  • 3- 5% efficient than other conventional panels.
  • PERC panels are costly.

Comparison of solar panel types based on cost, efficiency, color, Advantages, and Disadvantages

ParticularsMonocrystallinePolycrystallineThin-FilmPERC/Bifacial
CostHighMediumCheapHighest
EfficiencyHighMediumLessHighest
Colorsignature black in color.shin blue in colorshine blue-black in sunlight.Depends on variant
Advantages-High efficiency
-Heat Resistant
-Affordable
-Less wastage
-Most efficient
-Less space required
-Lightweight
-Flexible
DisadvantagesExpensiveLess energy efficientMost expensiveLower efficiency
Lifespan30+ Years25+ Years10+ Years35+ Years

Factors Affecting Solar Panel Rates in Pakistan

Effect of solar panel size

Another factor that influences its price is that large-sized panels can produce more electricity, and the price is high. You can choose the size according to your electricity needs and budget.

Effect of Solar Panel Efficiency

Efficiency is the ability of solar panels to convert solar energy/sunlight into usable electricity. Efficient solar panels are expensive, they can generate more electricity in a small space.

Brand and quality effect of solar panel

The quality of solar panels also plays an important role in price. Choose high-quality panels of reputable brands for high performance, which will work for a long time.

Government incentives and subsidies

Over the past few years, Pakistan’s government has been actively promoting the use of solar energy. To encourage the adoption of solar power, the government has introduced various initiatives, such as tax reductions, net metering feed-in tariffs, and subsidies to incentivize the installation of solar systems. Furthermore, in the 2023 budget, the government has extended subsidies to farmers and landowners to install solar tubewells. It’s worth noting that the rates of solar panels in Pakistan have significantly reduced, making it an affordable option for households and businesses to switch to renewable energy sources.

FAQs

Solar energy generation is a clean source of power generation as compared to coal power generation. Coal power generation causes air pollution and other health issues but solar power does not. By adopting solar energy generation, Pakistan can reduce air pollution which is a high concern in many cities, especially Lahore.

Yes, Solar panel rates in Pakistan are high as compared to other countries due to different reasons such as high import expenses due to high dollar rates, and lack of local manufacturing. Price also depends on quality, wattage, size, and installation cost.

Prices fluctuate with the size, Brand, and quality of solar panels. The average cost of the 550-watt Canadian solar panel is 26950 PKR and the local 550-watt solar panel is about 23100 PKR.

Based on quality standards, solar panels are divided into these types. A-grade panels are quality-wise best and used in household solar systems and power stations and have a lifespan of 25+ years. B-grade are relatively less in quality and are used in street lights with a lifespan of 10+ years. C-grade panels are low-quality panels and are used in backward areas or backward countries like South Africa and Afghanistan as these are available at cheap rates.

It is a manufacturing enterprise under the CHINT group and it is the pioneer in making n-type photovoltaic cells and modules.

Conclusion

Solar panel prices in Pakistan depend on the size of your solar system. A larger system or one that generates more power will cost more. The price also goes up based on the number of panels you need and the complexity of the installation. We write about the updated price of solar panels in Pakistan and prices for other essentials of the solar system, such as breakers, inverters, batteries, roof mounting, etc.