BNEF expects 34% fall in PV module prices in 2018

The saying is that as California goes, so goes the nation. But in solar, as China goes, so goes the world.

As the result of an abrupt withdrawal of support for the nation’s solar PV market, Bloomberg New Energy Finance (BNEF) has predicted a 34% decline in multicrystalline solar module prices in China.

This would be roughly equivalent to the fall in module prices in 2016, and only exceeded by the 40% fall in prices in 2011.

via BNEF expects 34% fall in PV module prices in 2018 – pv magazine International