According to GTM Research’s latest edition of the PV Pulse, the global blended average price for a tier-1 Chinese-produced multicrystalline PV module fell 10 per cent year-over-year and reached US 57 cents per watt in the fourth quarter of 2015.
“While underwhelming demand in 2014 left its trace on pricing in early 2015, supply-demand tightness and tariffs drove price trends in the second half of the year,” said Jade Jones, a senior solar analyst at GTM Research.
Here are GTM Research’s estimates for component prices as of the fourth quarter of 2014.
Assuming a stable supply-demand landscape, GTM Research anticipates that global blended prices will steadily fall at an annualized rate of 5 percent and reach 44 cents per watt by 2020.
In the near term, GTM Research’s initial outlook sees polysilicon and wafer prices up year-over-year. Jones notes that the polysilicon pricing forecast is driven by inventory and margin recovery, while wafer prices are driven by a tight supply-demand balance. Cell and module prices are both expected to be down this year.
Source: Greentech Media. Reproduced with permission.
A Green Iron Investment Fund is exactly what Australia needs to lay the foundations for…
Australian Energy Market Commission is on the hunt for a new CEO, with current chief…
The deadline for the federal environment minister's decision on the contentious Hills of Gold wind…
Coalition's claimed nuclear cost savings are meaningless because they’ve failed to account for consumers spending…
An Australian company with a potential breakthrough in making a key battery storage ingredient lands…
Queensland's growing wind resource is setting new records for contribution to the grid – and offering…