Solar panels are becoming more affordable each year. According to the National Renewable Energy Laboratory (NREL), the average price of home solar systems is now $2.95 per watt, down from $7.53 per watt in 2010. In other words, the cost of photovoltaic (PV) systems decreased by over 60% in 13 years.
Indian solar EPC company Mahindra Susten has received a major boost in its efforts to expand its footprint in the distributed solar market with a fresh investment from a foreign company.
