Solar costs

Drop In Solar Costs Put At 3% by IRENA for 2021-22 Period

The International Renewable Energy Agency (IRENA) has published a report into the cost of producing power in 2022, putting the drop in levelised cost of electricity (LCOE) in the solar PV sector at 3% in 2022, and 89% between 2010 and 2022. The findings will be no surprise to industry insiders, considering how the drop […]

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Module Prices Near Bottom, As Cell Prices See First Hike In Months

Solar Module prices from China, which dictate prices around the world, finally seem close to a bottom for now, after a relentless fall in 2023.  The earliest indicators come in the form of solar cell prices, which saw a weekly increase of 1.5% to 2% this week This happened even as mono grade Polysilicon prices, […]

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Polysilicon Prices Continue Slide, Developers Hopeful Of Lower Solar Module Prices

For all the record capacity additions and installations in solar power, polysilicon prices have continued their downward move, halfway into 2023. Rising polysilicon prices, Prices that had peaked at CNY (Chinese Yuan) 360,000/mt ($39/kg) have dropped to as low as 80,000 CNY/Mt (around $9.5 /kg), helping push down solar panel costs for manufacturers. Even as […]

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MNRE Clarifies No Plan To Cut Import Duty On Solar Panels

Following news reports that the government plans to cut import duty on solar panels, the Ministry of New and Renewable Energy (MNRE) has seen it fit to clarify that no such plans are in the offing. The news reports, carried by news agency Reuters as well as many Indian news outlets, had claimed that the […]

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China Seeks To Limit Technology Access For Solar Manufacturing, In Move Aimed at India

China, which built its imposing, world dominating solar manufacturing sector with a combination of technology purchases from the west, academic partnerships and joint research, seems to have lost the appetite to allow others to do the same. The country, which leads in global solar markets with its manufacturing firms enjoying an almost 80% market share, […]

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Turmoil Ahead In Solar, As Key Suppliers Continue To Raise Solar Input Prices

Consider this. The price of Polysilicon, the earliest processed input in the solar supply chain, averaged CNY (Chinese Yuan) 76/kg  in 2020. In 2021, thanks to a series of incidents at key manufacturing plants and rising demand, prices averaged CNY 117/kg. However, prices as of July 24 have climbed to well over CNY 260/kg, after […]

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Developers, Indian Government May Need To Discuss Solar’s Perfect Storm Soon

As China moves with rolling power cuts and energy cutbacks to industries across key provinces, provinces like Jiangsu, which host some of the largest solar manufacturers, have been included in the cutbacks. The power cuts have been necessitated by a coal shortage/high cost coal, rising gas prices, a push for controlling overall emissions and more, […]

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