30 Jun '11, 4pm

Solar PV Balance-of-System Costs to Surpass Modules by 2012, According to GTM Research

Solar PV Balance-of-System Costs to Surpass Modules by 2012, According to GTM Research

Read the full press release here. As solar PV module prices continue to decline globally, balance-of-system (BOS) components will assume a majority share of a PV project’s total cost per watt within the next year, according to GTM Research. In 2010, BOS costs accounted for approximately 44.8% (US$1.43 per watt) of a typical, utility-scale crystalline silicon (c-Si) project, with that percentage forecasted to increase to 50.6% in 2012. This economic shift is driving industry attention beyond the module toward achieving economic gains for key BOS components and services, including mounting structures, foundations, labor, civil works, cables, engineering and combiner boxes. “Mounting structures are an access point for both BOS cost reductions and business opportunity” GTM Research’s latest report, Solar PV Balance of System (BOS): Technologies and Markets is a comprehensive a...

Full article: http://www.greentechmedia.com/articles/read/solar-pv-bala...

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