Featured in Harvest Potential – 10-2023

Module prices falling with no end in sight

The fall in panel prices shows no signs of stopping. As profit margins vanish, some solar companies are being forced to engage in damage control or face worse consequences. Martin Schachinger, from the solar wholesaler pvXchange, examines the causes and impacts of the trend.

Solar module prices are tumbling at the fastest rate on record. In September, this hit an an average of 10% across all types, which undercuts previous record lows and, pvXchange believes, is below production costs for most manufacturers.It should be noted that in some cases module prices rose more than 50% between October 2020 and …

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