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
Wearable: 'Hardware Ponzi Scheme'
August 31, 2015
If "fitness bands are like hardware Ponzi schemes" where device suppliers must sell more and more new hardware while amusing ...
Keysight expands calibration, asset management services in Europe
Real-time 3D athletes tracking feeds teams with new stats
Intel Investment spotlights drones’ opportunity for chipmakers
MOSFET failure protection for a single output polyPhase converter
Apple joins Pentagon alliance to develop wearable tech
August 28, 2015
The Pentagon (Washington, DC) has announced a Silicon Valley-based manufacturing institute and partnership with a consortium ...
Single material layer process lowers LED manufacturing costs
Aquion Energy forges technology partnership with Eguana Technologies
The route to cleaner e-cars - coupling perovskite solar cells
- Software-Defined Radio Handbook
- Why Making the Move from a Variable Transformer to a VariPLUS is the Right Decision
- Automating Leakage and Functional Testing
- Automotive Circuit Protection using Littelfuse Automotive TVS Diodes
InterviewCEO interview: Ambiq sees broader options for low voltage
Mike Noonen, recently appointed interim CEO at microcontroller startup Ambiq Micro, discusses the focus and opportunities for this pioneering company designing circuits that can operate below the threshold ...
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, Novelda is giving away two full XeThru Inspiration kits worth 1499 US Dollars each, for EETimes Europe's readers to experiment first hand with its XeThru technology.Based on the use of radio waves, rather than infrared, ultrasound or light, the company's X2M1000 Inspiration modules can detect presence just from the chest movement while breathing, and measure both the rate and... MORE INFO AND LAST MONTH' WINNERS...
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.