The global price of photovoltaic (PV) solar energy modules is falling, fulfilling predictions made after China cut support for solar energy at the past month May. Research by PVInsights and EnergyTrend says average module prices have fallen by up to 2.1% during the past week, with EnergyTrend suggesting some prices are down by more than 12%. In the US, where prices are higher due to import tariffs and duties, developer Strata Solar is reporting a fall of up to 10% in the end of. However, it is unclear whether the drop will fully offset the tariffs introduced in January.
The global price of photovoltaic (PV) solar energy modules is falling, fulfilling predictions made after China cut support for solar energy at the end of May. Research by PVInsights and EnergyTrend says average module prices have fallen by up to 2.1% during the past week, with EnergyTrend suggesting some prices are down by more than 12%. In the US, where prices are higher due to import tariffs and duties, developer Strata Solar is reporting a fall of up to 10% in the past month. However, it is unclear whether the drop will fully offset the tariffs introduced in January.