Solar Module Prices Reached 57 Cents per Watt in 2015, Will Continue to Fall Through 2020

By [email protected] According to GTM Research’s latest edition of the PV Pulse, the global blended average price for a tier-1 Chinese-produced multicrystalline PV module fell 10 percent year-over-year and reached 57 cents per watt in the fourth quarter of 2015.

“While underwhelming demand in 2014 left its trace on pricing in early 2015, supply-demand tightness and tariffs drove price trends in the second half of the year,” said Jade Jones, a senior solar analyst at GTM Research.

Here are GTM Research’s estimates for component prices as of the fourth quarter of 2014.FIGURE: Selling Prices, Q4 2015
Source: GTM Research PV Pulse, March 2016

Assuming a stable

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