30 Nov '16, 9pm

Report: How Much Does a Solar PV System Cost in 2016?

Report: How Much Does a Solar PV System Cost in 2016?

Imagine you worked in a high-growth technology market where the pricing of the end product is almost always decreasing, and sometimes falls by 17 percent every six months. No imagination is required for this scenario if you work in the solar industry -- it's an everyday reality. Where are these reductions coming from -- and how does a solar company survive in this environment? A new report from GTM Research, U.S. PV System Pricing H2 2016: System Pricing, Breakdowns and Forecasts , takes a careful look at the solar system pricing stack across market segments and its impacts. Across-the-board drops in pricing We've covered the stark drops in PV module pricing as the industry confronts an oversupply issue. But recent steep reductions in system pricing stem not just from modules, but also from price reductions in inverters, trackers and even labor costs. It's only stubborn so...

Full article: https://www.greentechmedia.com/articles/read/Report-How-m...

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