How Solar Costs Will Continue to Drop: Incremental Gains Versus Disruptive Step Changes

May 25, 2016 | State of the Market Report

The cost of crystalline silicon modules has dropped over 60% since 2009, leading to photovoltaic plants becoming a credible source of electricity capacity expansions globally. As Chinese manufacturers have achieved significant cost reductions through economies of scale, vertical integration, and supply chain proximity, core material costs plummeted. These declines in production cost set an optimistic outlook, but future costs will decline at a more incremental rate unless manufacturers move to adopt disruptive technologies. We look what the baseline is for cost reduction, and how kerfless wafering, reduced silver-content metallization, and high efficiency cells can alter the anticipated trend.

Coverage Areas

  • Next Generation Power
  • Owning the Energy Transition

Table of Contents

  • Title page
  • Landscape
  • Analysis
  • Outlook

Lead Analyst

Tyler Ogden
Analyst

Contributors

Cosmin Laslau, Ph.D.
Wenjia Wang

Login to View This Research

Already a Lux Client?

Sign In

Not a Lux Client?

Talk to Lux Research now and learn the benefits of becoming a member.

Lux Research

  • Helps clients find new business opportunities from emerging technologies in the physical and life sciences
  • Offers ongoing technology and market intelligence, as well as market data and consulting services
  • Now serves over 250 clients on six continents – multinational corporations, investors, governments, and SMEs
  • Has a Global reach, with offices in Boston, New York, Amsterdam, Singapore, and Tokyo
  • Combines deep technical expertise with business analysis to support strategic decisions

Or call us now

For North America (Boston Headquarters)
+1 (617) 502-5300

For EMEA (Amsterdam)
+31 (0) 20-3460840

For APAC (Singapore)
+65 6592-6978