Historic $1-Per-Watt Solar Modules Just Months Away
The photovoltaic (PV) industry appears set to achieve a major milestone with
the selling prices of crystalline silicon (c-Si) modules projected to drop
to $1 per watt by the first quarter of 2012, a significant benchmark level
that could forestall a widely feared dip for solar installations next year
and stimulate demand instead, according to new IHS iSuppli research.
An assessment of this magnitude, bold in its purview and implications, comes
in the wake of an accelerated, rapid decline in pricing for deals following
the Intersolar Trade Fair, site of the world’s largest PV exhibition, held
last week in Munich, Germany. Going into Intersolar, spot prices from the
top Chinese brands, among the major players in the market, had been running
at $1.49 per watt for mainstream c-Si modules.
The photovoltaic (PV) industry appears set to achieve a major milestone with
the selling prices of crystalline silicon (c-Si) modules projected to drop
to $1 per watt by the first quarter of 2012, a significant benchmark level
that could forestall a widely feared dip for solar installations next year
and stimulate demand instead, according to new IHS iSuppli research.
An assessment of this magnitude, bold in its purview and implications, comes
in the wake of an accelerated, rapid decline in pricing for deals following
the Intersolar Trade Fair, site of the world’s largest PV exhibition, held
last week in Munich, Germany. Going into Intersolar, spot prices from the
top Chinese brands, among the major players in the market, had been running
at $1.49 per watt for mainstream c-Si modules.
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