Tier 1 Crystalline Solar Panels are Selling at around $0.90/W
First Solar and Suntech led in PV module manufacturing in 2011, with both reaching approximately 2 GW of module production, according to Lux Research’s latest Solar Supply Tracker.
Crystalline silicon module prices continue to be at a record low, the report adds. Tier-one manufacturers are selling at around $0.90/W, while tier-two and tier-three manufacturers have sold product at even lower rates in order to burn through their inventories and survive the current market conditions.
The top 10 companies added up to 12.5 GW of module production – 44% of the 2011 total global module production.