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Photovoltaic (PV) module prices continued their downward trend in July, falling by more than 2 per cent over June’s average prices and 44 percent down annually, according to the latest monthly module price report from IMS Research (recently acquired by IHS Inc.
PV module prices had enjoyed a short period of stability in June due to high demand in Germany and Italy, but have begun to decline once again in the second half of 2012.
According to the report, average prices of crystalline PV modules purchased from distributors increased by almost 3 percent in June, driven by high demand in Germany, the world’s largest PV market.
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