Overseas prices of photovoltaic modules
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Prices for photovoltaic modules in 2024 continue to fall. According to the monthly index published by Germany''s pvXchange Trading, the downward trend persists, driven
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Photovoltaic Module Prices 2025: Updated Data
Prices for photovoltaic modules in 2024 continue to fall. According to the monthly index published by Germany''s pvXchange Trading, the
Global average price for solar PV modules 2024| Statista
Average spot price for solar photovoltaic modules worldwide from 2016 to 2024 (in U.S. dollars per watt-peak) You need a Statista Account for unlimited access Immediate
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Unless the global supply-demand gap is resolved, the low-price trend of PV modules will continue for the time being, and it is expected that they will remain in the current

6 FAQs about [Overseas prices of photovoltaic modules]
How much does a photovoltaic module cost?
Mainstream Modules: Average price of €0.11/Wp, stable compared to September but 21.4% lower than January 2024. Low-Cost Modules: Average price of €0.065/Wp, a 7.1% decrease from September and 27.8% from January 2024. These trends are exerting mounting pressure on the photovoltaic sector.
How much does a photovoltaic panel cost?
Mainstream Photovoltaic Panels: Average price of €0.10/Wp, down 9.1% month-on-month. Low-Cost Photovoltaic Modules: Average price of €0.060/Wp, a decrease of 7.7% compared to the previous month. These figures underscore the significant pressures in the photovoltaic market, as price reductions strain margins to unprecedented levels.
Where did photovoltaic cost data come from?
Photovoltaic cost data between 1975 and 2003 has been taken from Nemet (2009), between 2004 and 2009 from Farmer & Lafond (2016), and since 2010 from IRENA. Prices from Nemet (2009) and Farmer & Lafond (2016) have been converted to 2024 US$ using the US GDP deflator, to account for the effects of inflation.
Are solar modules still in a state of negotiation?
In recent times, the price of solar cells on the cost side has been adjusted, enhancing the cost support for modules. However, the demand-side installations continue to decline, and overseas stockpiling has also largely come to an end. It is expected that module prices will remain in a state of negotiation in the near term.
Why are photovoltaic modules falling in 2024?
Prices for photovoltaic modules in 2024 continue to fall. According to the monthly index published by Germany’s pvXchange Trading, the downward trend persists, driven largely—if not entirely—by Asian overproduction. The index focuses on the European market, which pvXchange has been monitoring since 2009 with a unique pricing tool.
How efficient are photovoltaic modules in 2025?
But let’s take a closer look at the figures recorded in January 2025: Photovoltaic modules with monocrystalline or bifacial HJT cells, N-type/TOPCon or xBC (Back Contact) and their combinations, with efficiencies above 22.5%.
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