There have been debates about the actual cost of solar cell production and its effect on the cost of solar panels. One group of experts simply says that the current state of affairs where solar cell production is based on crystallin and thin-film application is efficient enough, and there seems to be no need for developing anything else to influence the cost of solar cells. What requires more in depth focus is installation, as it seems that solar panels themselves are not causing any financial burden, especially for businesses, but the installation is highly expensive. The reasons behind costly installation are outdated building designs and roofing, which makes it highly challenging for installers, thus the high pricing.
On the other hand, there’re scientists that insist on working on developing newer, cheaper ways of solar cells production. The scientists at Los Alamos National Laboratory are developing a new technique of growing solar cells from perovskite. Bundles of these cells convert light into energy, and they prove to be less expensive compared to the thin-film application process which involves a highly controlled environment for managing thin-film stress. This new method sounds promising in bringing the cost down. In summary, both outlooks have merit and a combination of measures must be taken in order to beat fossil fuel prices, and lower solar cell production costs.