PV module prices are set to fall considerably in the next five years, though US market prices will remain higher than the rest of the world as its import policies and ongoing competition with China add a market premium.
TÜV Rheinland held a ‘Global PV Buyers’ Workshop’, inviting some 20 representatives from the industry’s downstream players to take part. Brookfield Renewable, BayWa, Engie, TotalEnergies and Lightsource BP and others, and companies mainly engaged in development and operations such as ACWA Power, Bouygues and ECADI shared their thinking from different perspectives on module quality and procurement strategies.
Belgian solar manufacturer Belinus has selected Belgium and Georgia to build 5GW of solar module manufacturing facilities to be operational by the end of 2025.
PV modules will keep changing in the quest for higher efficiency and energy yield. However, the rapid and sometimes simultaneous introduction of new technologies increases overall quality risk, writes George Touloupas, senior director at Clean Energy Associates.