German Pv System Prices Down by Over 4% Since November
The Selfmade Energy online platform says that prices for PV systems and battery storage systems fell by more than 4
PV Magazine International 3:46 pm on May 14, 2024
The Selfmade Energy platform reported that PV system prices declined by over 4% from November to March 2024, with notable variances across regions. Battery storage price increase followed a similar trend in early 2024 but fell significantly later on. The drop is attributed to falling module prices and market hesitancy for purchases.
- PV System Pricing:
- Price decrease of over 4% (Nov-Mar 2024)
- Regional pricing variations noted
- Battery storage prices rise initially, followed by a significant drop in March 2024
- Module price decline contributing to the overall reduction in PV system costs
- Market hesitancy observed due to anticipation of further price drops
https://www.pv-magazine.com/2024/05/14/german-pv-system-prices-down-by-over-4-since-november/