MOUNTAIN VIEW, CA, January 4, 2013 (Press Release)—Strategies Unlimited, a leading market research company covering photovoltaic, CPV, CSP, LEDs, laser and photonics, and SPV Market Research announced the release of its Q4 2012 PV Technology Price Update report. According to the report, the average price for PV modules to the first buyer in Q4 2012 was $0.75/Wp, with the average price for inventory modules at $0.44/Wp. Over the course of 2012, the average price to the first buyer for PV modules decreased by a compound average 12%, with the inventory average decreasing by a compound average of 25%.
PV technology manufacturers will continue to experience pressure in 2013 from high levels of inventory on the demand side, softening demand from previous key markets and significant decreases in incentive rates.
Demand side participants including installers, system integrators and others will continue to enjoy low prices for modules in 2013, including the availability of low priced inventory.
Shipments of PV technology to the first buyer in 2012 will show a moderate increase in 2012 along with the likelihood of a 17% increase in full year shipments in 2013.
About Strategies Unlimited
Q4 2012 PV Technology Price Update Report is the first in a series of reports to be published by Strategies Unlimited and SPV Market Research on the photovoltaic, CPV and CSP industries and is currently for sale. Strategies Unlimited has been conducting Research on the PV industry since the 1970s. The author of the report, Paula Mints began with Strategies Unlimited in 1998, and recently founded SPV Market Research. Based in Mountain View, California, Strategies Unlimited is a research unit of PennWell Corporation, a global media and information company. PennWell's many brands include Renewable Energy World and the Solar PowerGen Conference Series.