700 Watt Solar Panel Prices of Top Selling Brands In Pakistan
Pakistani solar market especially the solar importers have been discussing the downfall of solar panel prices in Pakistan since last year. Today, that happened to be true.
Recently, the prices of solar panels especially the big solar panels ranging from 550 watts to 700 watts have reduced by more than 70%. If we consider the per-watt price, a 700-watt panel is selling in a range of 30 to 35 rupees per watt in different cities.
The updated price of 700-watt solar panels in Pakistan falls in the range of 23,000 to 24,500 rupees. This slight difference in prices usually happens due to the transportation expenses and the limited supply in different cities of Pakistan.
Panels like 700 watts are used mostly on commercial solar installations or industrial solar energy projects with huge energy demands. However, you can use this panel for the domestic solar system if it seems feasible in your case.
In this article, we will explore 700-watt solar panel prices in Pakistan, their availability, alternate panel sizes, factors influencing pricing, and more about solar energy benefits in Pakistan.
You may find it helpful to learn different types of solar systems:
What is the average Price of a 700-watt Solar Panel in Pakistan?
The 700-watt solar panel price varies from 23,000 to 24,500 rupees per panel in different regions of the country. If we consider the per-watt price for a 700-watt solar panel, it lies in a range of 30 to 35 rupees per watt.
It’s been a routine for the last month that solar panel prices in Pakistan undergo some ups and downs daily, so, it’s been a challenge to provide accurate and precise prices every time. However, alternatives to 700-watt panels like 550 to 610-watt solar panels are easily available. Prices for these modules are more easily seekable and much more accurate.
Solar Panel Price Elements
Some of the major elements that affect on evaluation of solar prices in Pakistan are listed below:
- Solar Panel Brand
- Build Quality of Panel
- Efficiency Rating
- Performance
- Type of Solar Panel
- Supply and Demand Dynamics
- Federal Policies and Taxes on Solar Import
Factors Influencing 700-watt solar panel price in Pakistan
Solar Panel Brand and Quality
The choice of the solar panel brand and its quality significantly influences the 700-watt solar panel price in Pakistan. Established solar brands with tier 1 status and good reputations cost you a higher initial cost, but they offer better efficiency and enhanced lifespan.
Efficiency and Performance
Solar panels with high-efficiency levels might have a higher cost, but they generate more electricity per square meter, making them a valuable long-term investment.
Type of Solar Panel
Solar panels of various types, such as monocrystalline, polycrystalline, and thin-film, differ in price and performance. It is super important to evaluate how they’re appropriate for certain needs and scenarios in your specific circumstances. It is critical to note that the first two types (monocrystalline and polycrystalline) are mostly used worldwide.
Best-selling Brands Offering 700-watt Solar Panels
Currently, there are very few brands that offer 700-watt solar panels in Pakistan. Out of the top brands in Pakistan like LONGi Solar, Jinko Solar, JA Solar, Trina Solar, Canadian Solar, Risen Solar, and AE Solar, only LONGi and Jinko solar manufacturers offer 700-watt solar panels in the market.
Availability of 700 Watt Solar Panels
Solar importers are mostly importing solar panels in the range of 500 to 610 wattage. So, recently, one of the biggest panels of today, the 700-watt solar panel is not been imported on a large scale.
So, there is a limited availability of these panels in the market. Additionally, in Pakistan, people usually invest in solar panels in the range of 500 to 600 watts.
People wish to generate more electricity with a solar panel that can adjust in less space and offer the highest performance. A 700-watt solar panel is larger and can generate enough electricity to power a couple of fans, LED bulbs, and one to two mobile chargers.
Recently, because of its enhanced production capacity, the 700-watt solar panel price is one of the most searched queries on Google in Pakistan. Before the entry of 700-watt panels into the market, the solar panel with the highest capacity was a 610-watt panel.
Panels in the 500 to 610 range also perform very well. If a 700-watt panel is unavailable near your location, you can confidently invest your funds in alternative options such as top solar brands’ 550 to 610-watt solar panels. These panels from tier 1 companies are most widely used in Pakistan and have a proven track record of highest performance in Pakistan for years.
Alternatives to 700 Watt Solar Panels
Considering the size of solar panels, a wide range of alternatives to 700-watt panels are available in the Pakistani solar market. Depending on your needs, you can select solar panels from 500 to 610 watts. But as of right now, 550–585 watt solar panels are the most efficient and Safe Links’ first choice.
However, a variety of top-tier 1 solar brands in a range of sizes are available throughout the country. Let’s investigate the solar panel prices and various solar panel sizes commonly used in Pakistan.
How Much Power Does a 700-watt Solar Panel Produce?
Your daily output from a 700-watt solar panel will range from 210 to 224 amp-hours. This implies that you can use the coffee maker, charge many computers, and power a TV. You will also be able to power a larger, but more energy-efficient refrigerator.
If you afford just a single panel, a 700-watt solar panel is enough to power a small house or office. Surely, you can easily run a couple of DC fans and LED bulbs with a single 700-watt panel simultaneously.
It can also provide electricity for an RV or watercraft. A solar panel arrangement of 700 watts is appropriate for a recreational vehicle or campervan that has space on the roof for the panels.
How Many 700-watt Solar Panels Do I Need?
This is a very technical question. Hold on for a second. Look, there is no one-size-fits-all solution (answer) to this question but you can understand how many panels you need if you exactly know what is your daily energy consumption. For, a 20 kWh energy consumption daily, you might need 7 panels of 700 watts for 20 kWh solar production in the daytime. Note, it is pivotal to understand that 1 kWh is equal to 1 unit of electricity, and we will use the term kWh more frequently in this post.
Calculating Energy Needs
Before determining the number of panels, it’s essential to understand the energy consumption of each household type. Energy needs vary widely depending on the size of the house, the number of people, the luxury they want, and their lifestyle.
Average House: An average house in Pakistan consumes about 10,715 kilowatt-hours (kWh) per year, according to a survey. This translates to approximately 29.35 kWh per day.
Middle-Class House: A middle-class house, which typically includes more amenities and possibly more square foot area, might consume around 15,000 kWh annually, or about 41 kWh per day.
Joint Family House: A joint family house with over 25 rooms would have significantly higher energy demands, potentially around 100,000 kWh per year, or about 274 kWh per day, due to the number of rooms, occupants, and increased usage of appliances and heating/cooling systems.
Calculating the Number of 700-watt Solar Panels
To determine the number of 700-watt solar panels required, we need to account for several factors: the total daily energy consumption, the average sunlight hours per day, and the efficiency of the panels.
Assuming an average of 5 peak sunlight hours per day (which is typically around half of the actual sunlight hours for many regions in Pakistan):
For an Average House
- Daily energy consumption: 29.35 kWh
- Energy produced per panel per day: 700 watts x 5 hours = 3.5 kWh
- Number of panels needed: 29.35 kWh / 3.5 kWh per panel = approximately 8.39 means 9
Rounding up, you would need 9 panels to cover the daily energy consumption of an average house.
For a Middle-Class House
- Daily energy consumption: 41 kWh
- Energy produced per panel per day: 3.5 kWh
- Number of panels needed: 41 kWh / 3.5 kWh per panel = approximately 11.71 means 12
Rounding up, you would need 12 panels to power a middle-class house.
For a Joint Family House
- Daily energy consumption: 274 kWh
- Energy produced per panel per day: 3.5 kWh
- Number of panels needed: 274 kWh / 3.5 kWh per panel = approximately 78.29 means 79
Rounding up, you would need 79 panels to meet the energy needs of a joint-family house with over 25 rooms.
Advantages of 700-watt solar panels
- Impressive Power Production: 700-watt solar panels provide a high power output, making them ideal for meeting the electrical needs of small to medium-sized homes and companies.
- Installed Space Optimization: 700-watt solar panels are designed using the latest solar technology to be space-efficient, saving important installation space while providing the highest performance.
- Economical Alternative: Investing in solar panels results in significant long-term savings on electricity bills, making them an affordable choice.
- Eco-Friendly Solution: Solar energy is a clean and environmentally responsible alternative to conventional fossil fuels, helping to reduce carbon emissions and battle climate change.
- Minimalistic Maintenance Expenses: Solar panels have minimal movable components, which means they require little maintenance and provide long-lasting performance.
700 Watt Solar Panels Types Available in Pakistan
Solar energy is becoming increasingly popular in Pakistan as a sustainable and cost-effective solution to meet energy needs all over the country.
Among the various types of solar panels available, monocrystalline and polycrystalline panels are the most common. Understanding the differences between these types can help you make an informed decision for your solar project according to your location.
Monocrystalline Solar Panels
Monocrystalline solar panels are famous among solar installers due to their high efficiency and sleek appearance. These panels are made from single-crystal silicon, which allows electrons to flow more freely, resulting in higher efficiency rates. Here are some key points about monocrystalline panels:
- Efficiency: Typically, monocrystalline panels offer efficiency rates of 18-20%. Some advanced models can even reach up to 22-23%.
- Durability: They have a longer lifespan, often exceeding 25 years.
- Temperature Coefficient: Monocrystalline panels perform better in high-temperature conditions compared to other types.
- Cost: These panels are generally more expensive due to the manufacturing process, which involves cutting silicon wafers from a single crystal.
- Aesthetics: They have a sleek black or dark-colored panel appearance.
- Space Efficiency: Higher efficiency means that fewer panels are needed to generate the same amount of power. That makes them ideal for smaller rooftop solar projects.
Polycrystalline Solar Panels
Polycrystalline solar panels are manufactured from different silicon crystals melted together. They are slightly less efficient than monocrystalline panels but offer a good balance between performance and cost. Here’s what important facts you need to know about polycrystalline panels:
- Efficiency: Polycrystalline panels typically have efficiency rates of 16-20%.
- Cost: These panels are less expensive than the monocrystalline type. This makes them a more budget-friendly option for many homeowners.
- Lifespan: They generally last 20-25 years, similar to monocrystalline panels.
- Performance: Polycrystalline panels are less efficient in high-temperature conditions and have a higher temperature coefficient.
- Aesthetics: They have a bluish hue and a less uniform appearance compared to the sleek black look of monocrystalline panels.
- Material Utilization: The production process of polycrystalline panels results in less waste, making it slightly more environmentally friendly as well as pocket-friendly.
Choosing the Right Panel for Your Needs
When selecting between monocrystalline and polycrystalline solar panels in Pakistan, consider the following factors:
- Budget: Polycrystalline panels are more cost-effective upfront, while monocrystalline panels, although expensive, offer higher efficiency and potentially lower overall costs over time.
- Space: If you have limited roof space for solar installation, the higher efficiency of monocrystalline panels over polycrystalline can be a significant advantage.
- Climate: In Pakistan’s hot climate conditions, the better temperature performance of monocrystalline panels might be beneficial for you.
Future Outlook of Growing Demand for Cheaper Electrical Solutions
With the rising need for sustainable energy worldwide, solar panels have emerged as a leading solution for cheaper electricity. The global solar market has seen exponential growth, driven by advancements in solar technology and decreasing costs. On the other hand, fossil fuels are becoming more costly day by day.
Facts, Figures, and Stats
- Cost Reduction: The cost of solar panels has dropped by more than 70% over the last decade, making solar power more accessible.
- Market Growth: The global solar energy market was worth $52.5 billion in 2018 and is expected to reach $223.3 billion by 2026, expanding at a CAGR of 20.5%.
- Installation Rates: As of 2020, over 2.7 million solar installations exist in the U.S. alone, producing enough electricity to power 18 million homes.
- Efficiency Improvements: Modern panels now offer efficiency rates up to 22.8%, with research pushing these boundaries further.
Future Outlook
The demand for cheaper electrical solutions in Pakistan is set to increase manifolds in the coming years. More and more people will be investing in solar power as it stands out as a solution due to its scalability, technological advancements, and declining prices in Pakistan.
Innovations like bifacial panels, which capture sunlight on both sides and the growing technology of perovskite solar cells (under research) promise higher efficiency and lower costs. All these developments are paving the way for future growth.
Governments worldwide are supporting this transition through subsidies and tax incentives to achieve their renewable energy targets. In Pakistan, the government is giving subsidies but not a direct edge to the public interest. However, in the U.S., the federal solar tax credit (ITC) allows homeowners to deduct around 20% of the cost of installing a solar energy system from their federal taxes, further boosting renewable energy adoption.
Over the last few months, the whole country has witnessed an incredible shift to solar energy due to the growing desire for more affordable and environmentally friendly electricity.
Bottomline
High-capacity solar panels are in high demand since they can generate more electricity while taking up less space. Pakistan’s 700-watt solar panel price query demonstrates this recent demand stats.
Although a precise figure for 700-watt solar panels in Pakistan is difficult due to the limited supply, you may expect a price range of around 22,500 to 24,500 rupees.
It will further depend on the brand, type, and efficiency of the panels. This difference usually happens due to transportation and supply and demand conditions in the specific region of Pakistan.
FAQs
Can I Install 700 Watt Solar Panels Myself?
While it is feasible to install solar panels yourself, it is recommended that you hire a professional to ensure correct installation and follow safety rules.
How many solar panels are required for a 1.5-ton AC?
1.5 tons of AC requires an average of 2500 watts of electricity, thus you’ll need 4 solar panels of 700 generation capacity to produce that much electricity. Also, if you intend to use an inverter, you will require a 2.5 kVA grid-tie inverter additionally.
How many ACs you can run in 5kW?
A 5kW solar power system is sufficient to meet the electrical requirements of medium-sized residences with 2-3 ACs. It is a medium-capacity residential solar system capable of producing up to 20 kWh (units) of electricity.
