‘It could be a difficult time going forward for solar module makers’

In the second interview of a series held at Intersolar 2023, pv magazine spoke with Karen Tang, Director – Editorial Lead Europe at Singapore-based market research company OPIS, about current price trends in the industry. She said solar panels may soon be bought at an average of USD 0.185/W but she also revealed that offers under USD 0.15/W are now becoming more frequent. Furthermore, Tang said prices may continue to drop in the future, with the bottom line being difficult to determine. Much will depend on the actual manufacturing capacity we will see coming online, which may not match the huge number of recent announcements released by module producers.