module prices

PV Tech speaks with solar industry experts to pick apart the causes of module price rises and their expectations for when prices might fall

The cost of building and operating new utility-scale PV is now cheaper than running existing coal plants in China, India and across much of Europe. However, rising commodity prices could see PV projects become temporarily more expensive in the second half of 2021, according to BloombergNEF analysis.

More than 180GW of solar will be deployed globally this year as the sector defies headwinds including higher module prices and supply chain constraints, IHS Markit has said.

As China enters its usually frantic solar build-out season, a shadow is being cast by module price hikes and supply bottlenecks. PV Tech’s Carrie Xiao gets the inside scoop on how solar deployment in China risks being pushed into next year.

Module prices in India will remain 14% lower than eight months ago even after the imposition of a 25% safeguard duty on imports, according to analysis by IHS Markit.

Indian solar tariffs have matched their lowest ever in the most recent 2GW auction from Solar Energy Corporation of India (SECI), hitting INR2.44/kWh (US$0.036) for the first time since May 2017, and with much of the capacity expected to be set up in Rajasthan.