Global PV pricing outlook 2014

BOSTON, USA: In 2013, the PV supply chain began to stabilize, due in part to robust demand growth, capacity retirements and mothballing by uncompetitive firms, trade conflicts, and a general focus by suppliers on margins over sales growth. As a result, global PV prices will increase nine percent next year.

Japan and China will continue to grow the end-market, and prices will firm up across the value chain through at least the first half of 2014. Looking into 2015 and beyond, module pricing will resume its long downward trajectory, eventually hitting $.50/W for tier-1 Chinese modules in the base forecast.