Solar Industry
Average pricing in October for crystalline silicon (c-Si) photovoltaic modules declined in nearly all worldwide regions – primarily because of weak installation demand in Germany, according to the IHS PV Module Price Tracker from information and analytics provider IHS.
The average price per watt for c-Si PV modules declined by a range of 1.9% to 3.5% from September to October in the European Union (EU), China, the U.S., Japan and the rest of the world.
The only major country to buck the trend was Canada, where prices rose by 5.5%. Average module prices in Canada were $0.91/W in September and $0.96/W in October.
“European demand for PV modules dropped off in October, primarily due to developments in the solar powerhouse of Germany,” said Glenn Gu, senior analyst for photovoltaics at IHS. “After PV system installations surged in September, the German solar market decelerated in October.
“When combined with weakening conditions in other EU countries, including Greece and Bulgaria, Germany’s slowdown had a major impact on module demand and pricing in the European Union and throughout the world,” Gu continues.
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