Photovoltaic module prices have fallen by more than 2% in July and 44% year-on-year, according to the latest figures from IMS Research. August is predicted to see a slight increase, however.
According to the IHS iSuppli Module Price Index, at the end of June Tier 1 Chinese suppliers were, on average, selling product at around US$0.771/Wp. Tier 2 and Tier 3 players, meanwhile, were selling at $0.726/Wp and $0.710/Wp, respectively. Furthermore, in July, the company said it expected prices to fall to €0.57 (around $0.70) by the end of the year for Chinese Tier 1 and 2 modules.
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