Solar Module Prices Hovering at All Time Lows
As solar module prices continue to fall, pvXchange.com founder <b>Martin Schachinger</b> explains how price pressure could increase in the weeks and months to come.
PV Magazine International 7:46 pm on April 22, 2024
Solar module prices continue to decline due to oversupply, leading some European manufacturers to threaten plant closures. Current module prices in Europe are artificially low and do not reflect a healthy market situation. Module prices for PERC products under 410 W are below 0.10 ($10.66)/W, causing further price declines. If the elimination of the customs exemption for bifacial glass-glass modules in the US goes through, prices will increase and put additional pressure on European module markets. To keep local production in Europe, policymakers need to take action quickly.
- Solar module prices are at all-time lows due to oversupply
- European manufacturers threaten plant closures due to price pressure
- Current market situation does not reflect a healthy industry
- Bifacial glass-glass modules in the US may face higher prices and affect European markets
- Policymakers need to act quickly to support local production in Europe
https://www.pv-magazine.com/2024/04/22/solar-module-prices-hovering-at-all-time-lows/