Featured in Weathering the storm in 2022 – 12-2022

A penny saved is a panel spurned

Module prices have finally stabilized, and a slight downward trend has even started to set in. Whether this will continue depends mainly on how demand shapes up over the next few months. The softening of prices reflects a gradual build-up of inventories, which should be drawn down again by the end of the year, if possible – even if it means slashing prices. But for other PV system components, the situation is quite different, writes Martin Schachinger of pvXchange.
EU spot market solar module prices by technology – Nov. 2022. | Image: pvXchange

For many PV system components there is still no sign of normalization in supply chains. Manufacturers are still facing huge order backlogs that need to be cleared, so the chaos is likely to drag on into the first months of 2023. Also, some of the major inverter and storage manufacturers are already announcing price increases …

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