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Posted Fri Jun 17 2011: from
iSupply:
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Historic $1-Per-Watt Solar Modules Just Months Away http://apocadocs.com/s.pl?1308324754
The photovoltaic (PV) industry appears set to achieve a major milestone with the selling prices of crystalline silicon (c-Si) modules projected to drop to $1 per watt by the first quarter of 2012, a significant benchmark level that could forestall a widely feared dip for solar installations next year and stimulate demand instead, according to new IHS iSuppli (NYSE: IHS) research....
"The recent price decline was quickened by top-tier module brands dropping prices to aggressively position themselves, in the face of fears that the industry could be headed toward a down market next year," said Henning Wicht, senior director and principal analyst, photovoltaics, at IHS. The drops in pricing were spurred by the recent price slide in cells and wafers, with wafers being quoted in the $2.30 per-piece range, down from $3.50 in March....
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