PV module prices spiral downward again as German rush ends
August 17, 2012 // Paul Buckley
Photovoltaic module prices continued in a downward trend in July 2012, falling by more than two percent compared with June’s average prices and 44 percent down annually, according to the latest monthly module price report from IMS Research.
PV module prices had enjoyed a short period of stability in June due to high demand in Germany and Italy, but have begun to decline once again in the second half of 2012.
According to the report, average prices of crystalline PV modules purchased from distributors increased by almost three percent in June, driven by high demand in Germany, the world’s largest PV market. Demand peaked in Germany in June, as developers rushed to connect systems by 30th June 2012, before the ‘grace-period’ under the previous and more attractive feed-in tariff (FiT) rates expired. Distributors were able to capitalize on strong demand, giving rise to higher pricing in the run up to the deadline.
The resulting slowdown in demand following Germany’s ‘grace-period’ deadline, and the bleak outlook for demand in the second half of the year in Europe, meant that module prices slipped again in July by 2.4 percent, as shown in the results of IMS Research’s monthly survey. Chinese Tier-1 module prices declined by almost 3 percent, whilst the largest decline came from Western suppliers, whose prices declined by more than five percent.
“PV module prices enjoyed a rare period of stability in June, but are once again under pressure as demand in a number of core markets has weakened in the second half of the year,” commented Sam Wilkinson, senior analyst of IMS Research’s PV Group. “Although the industry has seen a number of significant exits from the market in the recent months, supply of PV modules still far exceeds demand, and suppliers are continuing to engage in fierce price competition.”
Despite module prices consistently declining throughout the last year, IMS Research found the outlook for prices for August to be more positive and, on average, industry buyers and sellers expected prices to increase by 0.3 percent in August. However, expectations varied clearly by company type with module suppliers and integrators forecasting a further small decrease, whilst distributors expect a small increase. “PV module suppliers’ margins are already dangerously low and in some cases negative, and their ability to lower prices any further is severely limited until they can make significant improvements to their cost structures,” concluded Wilkinson.
Visit IMS Research at www.imsresearch.com
FTDI reveals streaming instruction behind new 32bit architecture
March 06, 2014
Glasgow-based chip designer FTDI has revealed more about the architecture of its new 32bit microcontroller core, adding a ...
AMD taps UK tool for video verification
UHF RFID the radio technology of choice for Industry 4.0
Fairchild acquires body motion capture firm Xsens
GaN transistors promise more light for less energy
NFC Apps of the future: who will hit the mainstream?
March 06, 2014
Near-field communications has been touted as the next big thing for mobile payment, in retail stores to replace contactless ...
PMA reveals advanced specifications for vehicle wireless charging
Roll-up digital screens near reality for all
Wearable ring for gesture control
- DSM presents: Select the best plastic for DDR4
- Wireless Sensor Network Challenges and Solutions
- Putting FPGAs to Work in Software Radio Systems Handbook
- Real-Time Spectrum Analysis for Troubleshooting 802.11n/ac WLAN Devices
InterviewWi-Fi is open for business, which is good news for mobile subscribers
Following the news that Netgear has built a Facebook-linked amenity Wi-Fi option into its routers, enabling businesses to offer free Wi-Fi in return for liking the company Facebook page, David Nowicki, ...
Filter WizardCheck out the Filter Wizard Series of articles by Filter Guru Kendall Castor-Perry which provide invaluable practical Analog Design guidelines.
Linear video channel
READER OFFERRead more
This month, Freescale is giving away ten RIoTboards, worth 74 dollars each, for EETimes Europe's readers to win.
Designed to run Android operating systems efficiently or to run under Linux, the board is based on the Freescale i.MX 6Solo processor; using the ARM Cortex-A9 architecture.
And the winner is...
In our previous reader offer, Crystal Display was giving...Read more
December 15, 2011 | Texas instruments | 222901974
Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.