As large global supply of solar modules far exceeds demand, prices continue to fall. That’s a good thing to boost the long-term profitability of the solar industry, according to a recent report. However, not always for solar module companies.
Analysis done by Lux Research noted that module costs have dropped to $0.70/W in the past four years, while cost of goods sold (COGS) have not fallen at the same rate, thus creating huge losses for module builders.
However, the report projected that Cadmium telluride (CdTe) modules would remain the least expensive option in the market for years to come, with prices reaching as low as $0.48/W by 2017.
Meanwhile, COGS all around is projected between 2012 through 2017, as copper indium gallium (di) selende thin-film modules decline to $0.64/W, a 14 cent price difference from today’s costs.
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