In recent years, solar energy has been developing rapidly around the world. In many countries, solar power plants have become not only an ecological but also an economically efficient solution.
However, in 2026, an important change is observed in the sector: the prices of solar power plants may increase by an average of 10–15%, and in some scenarios even up to 30%.
This change is due to a number of global economic and political factors, which also have a direct impact on the Armenian market.
Tax policy change in China
The majority of global solar panel production is in China. For many years, the Chinese government has supported manufacturers by providing export subsidies and other financial incentives.
However, in 2026, China implemented tax changes that eliminated export subsidy programs for solar panels and solar technology.
This step has immediately affected the final cost of production, as producers are forced to sell their products without the previous state support. As a result, a trend of rising prices is already being observed on the international market.
Rising raw material prices on the global market
number of important materials are used in the production of solar power plants, the prices of which have also increased recently.
Main raw materials include:
- Aluminum
- Polysilicon
- Glass
- Silver
In particular, solar technologies use a significant amount of silver, which ensures the efficient operation of the cells. The increase in the global price of silver also has a significant impact on the cost of the final product.
Logistical problems and the impact of war
International supplies of solar equipment depend on global logistics systems. War and political instability in some regions have led to:
- increase in freight rates
- extension of delivery times
- restriction of certain routes
What impact will this have on Armenia?
Changes in the international market may also affect Armenia. If global prices continue to rise, it is likely that the cost of solar power plants in Armenia will also increase in the near future.
For this reason, many experts advise users who are already planning to install a solar system not to delay the decision for too long.
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Solar energy remains a profitable investment
Despite possible price increases, solar power plants remain an effective long-term solution. They allow for:
- significantly reduce electricity costs
- ensure energy independence
- contribute to environmental protection
Therefore, even with a certain increase in prices, the use of solar energy continues to be effective.