Weekly spot price for PV modules slips to USD 0.598/W
Jun 11, 2014 - The average spot price for photovoltaic (PV) modules in the week ending June 11 was USD 0.598 (EUR 0.441) per watt, down by 0.5% on the preceding week, according to figures by green news outfit EnergyTrend.
The price for solar modules reached a high of USD 0.90/W, while the lowest was USD 0.53/W. PV inverter spot prices remained flat week-on-week at USD 0.182/W.
The spot price of solar cells averaged USD 0.369 per watt in the past seven days, marking a drop of 0.27%.
The average price for multi-crystalline silicon (multi-Si) wafers was USD 0.986 for a 156-sq-m piece, while the price for wafers made from mono-crystalline silicon (mono-Si) was USD 1.198 apiece. In both cases the price declined, by 0.5% and by 0.33%, respectively, in weekly terms.
Meanwhile, polysilicon spot price edged up by 0.3%. The key raw material for the photovoltaics industry was selling at an average of USD 20.426 per kg. The highest price according to EnergyTrend was USD 22.40/kg.
EnergyTrend is a division of Taiwan-based market researcher Trendforce.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.