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Home - Solar Industry - European PV module purchase platform reports a 20% increase in panel prices
Solar Industry

European PV module purchase platform reports a 20% increase in panel prices

solarenergyBy solarenergyJanuary 29, 2025No Comments2 Mins Read
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The prices of the solar module in Europe rose for the first time in months this week, says Bart Wansink, CEO of Search4Solar, a European sales platform for PV products. He tells PV -Magazine Those prices could rise quickly in the coming weeks.

January 29, 2025
Emiliano Bellini

Search4Solar – A European platform for buying and selling solar panels, inverters and batteries – received price updates of 10 unknown manufacturers this week, with an increase of more than 20%.

The company said that tunnel oxide -passivated contact (Topcon) module prices for residential and commercial projects are now approximately € 0.10 ($ 0.10)/W, an increase of approximately € 0.07/W in October. It also said that the prices for completely black solar panels have reached € 0.12/W.

CEO Bart Wansink said that the Passivated Emitter rear cell (PERC) solar panel prices, including 400 W panels, remain around € 0.077/W to € 0.08/W.

“This makes them relatively affordable compared to newer technologies such as N-Type Topcon or HJT panels,” he said PV -Magazine. ‘However, these perc panels are becoming increasingly scarce. Manufacturers change their production to more efficient and advanced technologies, which means that the availability of traditional perc panels decreases rapidly. Once the existing share is sold out, percan panels will largely disappear from the market and the prices for alternative panels will probably be higher. “

Search4Solar said that after the Chinese New Year it expected more price increases.

“Manufacturers are no longer willing to produce under the costs, which increases market pressure,” the company said in a statement. “This week, Search4Solar has found different suppliers that still offer solar panels for € 0.08/W, but these prices will rise by 15% from 1 February.”

See also  Report: Improving ROI on Customer Solar and Storage Projects by 2023

In a recent interview with PV -MagazineTwo OPIS analysts revealed that light rebounds started in the river sun market about three weeks ago.

“This comes from the production output of Polysilicon, which is reduced by all major polysilon makers,” said Summer Zhang, senior analyst for solar -supply chain at Opis. “There are few signs that the panel prices can rise before the end of the Chinese New Year’s holiday. On the other hand, oversupply is still there. ‘

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