Where are solar prices heading?

Solar PV module prices have plummeted in the last few years but debate reigns about whether it is a one-off blip or a trend. While manufacturers' profit margins are extremely tight, it seems likely prices will continue to decline.

Regular readers of Climate Spectator know that the prices of solar photovoltaic (solar PV) modules have declined dramatically over the last three years (for example see Cut price solar, April 13). But there is still some debate about the cause of the drop and whether we can continue to expect significant cost reductions.

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