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This week, the supply pressure of the cell segment continues to increase, on the one hand, the N-type output continues to grow, on the other hand, the upstream silicon chip overfalls lead to the downstream limit price pressure, and the inventory continues to rise. In addition, the chaos in the price of silicon chips has exacerbated the discrete cost of cell chips and the confusion in the market quotation. It is understood that some manufacturers are already planning to reduce production.
3. Government Incentives Many governments offer incentives to promote solar energy adoption, such as tax credits, rebates, and grants. In the United States, for example, the federal solar tax credit allows homeowners to deduct a significant percentage of the cost of installation from their federal taxes. These incentives can dramatically lower the upfront cost of a 5kW solar panel system.