Featured in Looking forward – 08-2012

Hurt by weak euro

Chinese factory gate prices: The weakening euro hit Chinese PV module prices. The price erosion is expected to slow down in the second half of 2012 as demand rises.

By

pv magazine

27 Jul 2012

The weakening euro hit PV module prices in June. Chinese PV modules traded in euro were able to maintain a stable price level of an average of €0.57/Wp in May and June. However, the equivalent in U.S. dollars depreciated by 6.6% due to the dropping exchange rate of the euro. In May the euro traded …

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