Core panel component price dropping like a stone

Decline in wafer prices forces PV producers to change strategy

11.04.2012: According to the latest market research report released by IMS Research, the average price of photovoltaic (PV) wafers fell by more than 70 percent year-over-year in the first quarter of 2012 due to global oversupply. IMS Research found that the sharp decline in wafer prices is pushing solar producers to change their cost structures and strategies: The report reveals that many PV products manufacturers, especially Chinese producers, have reduced their in-house production and have started to buy more solar wafers from third-party suppliers. Average wafer prices stood at $0.30 per watt in the first quarter of 2012, down from just over $1 per watt a year ago. The report forecasts that wafer prices will continue to decline in 2012, falling 25 percent between the fourth quarter of 2011 and the fourth quarter of 2012. … Source: IMS Research; Summary: PHOTON http://www.imsresearch.com http://imsresearch.com/press-release/PV_Module_Suppliers_Switch_Tactic s_as_Wafer_Prices_fall_70 The complete press release can be viewed in PHOTON's archive using the following link: http://www.photon-international.com/newsletter/document/63531.pdf

 

 

Monty Bannerman

ArcStar Energy

646.402.5076

www.arcstarenergy.com