The analytics firm expects the price of mono-PERC modules to fall to $0.37 per watt by the end of the year, despite the 30% Section 201 tariffs.
According to a Q3 report by EnergyTrend, monocrystalline module prices have fallen almost 20% this year, while those for polycrystalline modules have dropped by more than 25%. Increased consolidation among manufacturers and developers is expected to occur in China, and the global solar market, with more merger deals, plans for capacity reductions, and even factory closures.
The online solar marketplace describes the tariffs as a tax on solar, and notes that both the finding of injury and the tariffs themselves drove up prices.
As a further sign that solar is going mainstream across the United States, a new report by Lawrence Berkeley National Labs finds that southeastern states hosted 40% of the utility-scale solar installed nationally in 2017. Interconnection queues have swelled to 188.5 GW of utility solar capacity, eight times more than installed capacity.
Newly released EIA data shows overall module shipments falling by 2/3 in the second quarter of 2018, while pre-tariff prices remained relatively steady.
A study finds that “just the operating costs of many existing coal assets” now exceed total costs for new solar and wind power in the Mountain West. The Tri-State utility, for example, could save $600 million by 2030 by phasing out five coal units in favor of solar, wind and purchases of wholesale capacity and power.
A simple comparison of per-MWh costs for solar versus PacifiCorp’s existing coal-fired generation found that new solar would cost less than the going-forward costs of 11 coal units with a combined 2.73 GW of capacity.
The thin film PV maker reports difficulties in ramping its new Series 6 product, as well as pressure from module price collapses.
The power giant has made a number of bold statements about the future of solar, wind and batteries, as the company’s development arm reaches a record backlog of renewable energy.
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