Spot prices from leading module manufacturers remain firm at RMB 0. 85/W, with quotations continuing to edge higher, while tier-2 and tier-3 suppliers are pricing around RMB 0. TOPCon 210*210mm cells will be included from June 19,2024. 0%+ efficiency due to production line optimization and efficiency improvement from October 23,2024. Solar System and Inverter Retailer Prices are updated on Friday. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. Global estimates are used before 2010; European market. This article breaks down the latest photovoltaic module purchase price list, explores key industry drivers, and reveals smart purchasing strategies for commercial buyers. Let's cut through the noise and get straight to the numbers that m Wondering how global market shifts impact solar panel costs?The PV Module Price Index tracks wholesale pricing and supply of crystalline-silicon modules that have fallen out of traditional distribution channels, and as a result are listed for resale on the EnergyBin exchange. 12 per watt, marking an all-time low for the sector.
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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.
What is the PV module price index?
The PV Module Price Index tracks wholesale pricing and supply of crystalline-silicon modules that have fallen out of traditional distribution channels, and as a result are listed for resale on the EnergyBin exchange.
How much does a module cost in 2024?
High-Efficiency Modules: Average price of €0.14/Wp, down 6.7% from September 2024 and 39.1% from January 2024. 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.
The company recorded price reductions of around 4%, with only low-cost photovoltaic modules escaping the trend. Specifically, in August 2025, the Price Index showed: about €0.055/Wp for low-cost photovoltaic modules, unchanged from July prices. “Manufacturers are moving quickly to end the devastating price war.