Islamabad: (Right Now News) A new trend in solar industry prices is observed ahead of the federal budget. Prices of solar panels of various capacities have significantly increased.

According to details, the sudden rise in solar panel prices has raised concerns among consumers and potential investors.

Market sources have reported that the price per solar panel has increased by 7,000 to 9,000 rupees. A 585-watt solar panel now costs up to 27,000 rupees.

Similarly, the price of a 645-watt solar panel has risen from 22,000 rupees to 31,200 rupees. The price of a 720-watt panel has increased from 25,000 rupees to 33,500 rupees.

It is noteworthy that market circles have expressed concerns that not only solar panels but also inverter prices may rise.