Fresco Solar says it will build solar photovoltaic ground arrays of 1MW or more anywhere in the United States for $2.95 per watt or $2.95 million per megawatt system. The Morgan Hill, CA-based engineering, procurement, and construction company bases its new pricing model on the DC STC size of the PV system.
The package includes delivery, installation, and testing of the racking, panels, and inverters as well as associated foundations and wiring. The price does not include sales and use taxes, local permits and fees, and any land development costs.
Fresco CEO Sean Kenny states that “the price of polysilicon has been falling for well over a year and yet new capacity continues to come on stream. The same is true for inverters and all the commodities used in balance of plant components, such as copper, steel and aluminum. This, coupled with our proprietary designs, allows us to offer never before seen prices for turnkey solar plants.”
“We’re seeing a major shift from residential and commercial projects to municipal and utility scale ones, caused on the one hand by the anemic state of the US economy and on the other by the flow of stimulus funding,” continues Kenny. “We and our partners have been working hard to position ourselves to take advantage of the new market conditions.”
Solarbuzz’s latest retail module price survey found 420 modules priced (without sales tax) below $4.75 per watt, with the lowest prices from U.S. retailers for a multicrystalline silicon module at $2.48 per watt and for a monocrystalline module at $2.80 per watt. As for thin-film panels, the consultancy found units priced as low as $1.76 per watt from an Asian-based retailer.
Module costs usually account for 50% or more of the total installed cost of a PV power system.
Fresco Solar will provide more technical details, manufacturer data, and projected performance numbers at next week’s Intersolar North America, Booth 9438.