Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Crystalline silicon (PV) cost per-watt to hit US$1 in first quarter of 2012, predicts IHS iSuppli

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Topic Forums » Environment/Energy Donate to DU
OKIsItJustMe Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jun-17-11 11:43 AM
Original message
Crystalline silicon (PV) cost per-watt to hit US$1 in first quarter of 2012, predicts IHS iSuppli
Edited on Fri Jun-17-11 11:53 AM by OKIsItJustMe

Crystalline silicon cost per-watt to hit US$1 in first quarter of 2012, predicts IHS iSuppli

An important but unintended consequence of the global PV industry meeting at Intersolar Europe, held last week in Munich, Germany was a general fear that the market could decline this year after poor installation figures in key European markets stalled hope of continued growth. According to IHS iSuppli spot prices from the top Chinese brands had been running at US$1.49 per watt for c-Si modules before Intersolar, yet as the show prices had fallen to US$1.30 per watt. This has prompted the market research firm to guide prices to decline to the US$1 per watt by the first quarter of 2012.

The recent price decline was quickened by top-tier module brands dropping prices to aggressively position themselves, in the face of fears that the industry could be headed toward a down market next year, said Henning Wicht, senior director and principal analyst, photovoltaics, at IHS. The drops in pricing were spurred by the recent price slide in cells and wafers, with wafers being quoted in the $2.30 per-piece range, down from $3.50 in March.

The major milestone for the PV industry could have a positive effect on demand dynamics. IHS iSuppli believes that current concerns that 2012 could be a poor year for installations could be reversed due to the price declines fuelling demand, despite government policies and FiT reviews and reductions.

Mike Sheppard, analyst for photovoltaics and financial services at HIS said, This trend and milestone is significant in that it opens the door for certain installations to potentially drop to US$2.00 per watt, in what one hopes would be an important driver for stimulating demand. Not only could such a development ward off a dip predicted in solar installations for 2012, it also signals that deep-pocketed and lower-cost structured companies will be getting aggressive about pressuring competition out of the market during the next year.

Printer Friendly | Permalink |  | Top

Home » Discuss » Topic Forums » Environment/Energy Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC