What is grid parity?

Grid parity (or socket parity) occurs when an alternative energy source can generate power at a levelized cost of electricity (LCOE) that is less than or equal to the price of power from the electricity grid. The term is most commonly used when discussing renewable energy sources, notably solar power and wind power.

Why are PV module prices falling?

Photovoltaic (PV) module prices are a key metric for PV project development and growth of the PV industry. The general trend of global PV module pricing has been a rapid and steep decline— an order of magnitude over the past 10 years (Mints April 2019)—enabled by economies of scale as well as manufacturing and technology improvements.

Is the turnaround in PV module prices accelerating?

The turnaround in PV module prices that was showing last month has been confirmed and accelerated by what has proven to be an unpredictable and unpleasant development for the market.

Will a photovoltaic module price increase by 10 cent/WP?

Recent investigations have confirmed the end of photovoltaic module price declines. This would lead to a price increase for end products 'Made in Europe' by at least 10 Cent/Wp. Read the full entry in the April edition of pv magazine, due out on April 4.

Why are PV modules cheaper than cell MSPs?

The relative price differences among the different PV technologies are less pronounced for module MSPs than for cell MSPs, because the higher-efficiency technologies require less module material per watt. Assumptions include manufacturing of 72-cell modules in urban China, not including tariffs.

What caused PV module prices to rise in March?

March saw a slight price increase for modules from all regions of origin. This was primarily due to the weak euro. However, a general shortage of cheap Asian goods is also discernible. Despite the weakening market, a rise in feed-in tariffs for PV is nowhere in sight in Germany.