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26 Mar '12, 5am

Solar module firms engage in fierce price competition in Europe solar market

Solar module firms engage in fierce price competition in Europe solar market

Solar module firms engage in fierce price competition in Europe solar market Nuying Huang, Taipei; Jackie Chang, DIGITIMES [Monday 26 March 2012] The impact of price cuts of China-based solar modules has been sweeping through Europe and China's domestic market. In Europe, brands from Europe, South Korea and Japan have been cutting prices to compete with China-based products in recent weeks. The price of solar modules has been lowered to EUR0.75-0.65/W (US$0.99-0.86) from EUR0.80-0.90/W. Nevertheless, China-based first-tier solar modules have been quoted at EUR0.56/W. China-based solar module firms have been the first to slash prices due to the upcoming April 1 incentive cuts in Germany. This low price of EUR0.56/W has been pushing other firms to follow suit. Some second-tier Europe-based solar module firms have been quoting products around EUR0.74-0.76/W, down from EUR0.82...

Full article: http://www.digitimes.com/news/a20120326PD204.html

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