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Multicrystalline photovoltaic panel price trend
Price Stabilization After Volatility: Solar module prices have stabilized in 2025 with global wholesale prices ranging from $0. 28/W, ending years of dramatic fluctuations as supply-demand dynamics rebalance and weak suppliers exit the market. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. Global estimates are used before 2010; European market. . The updated guide to photovoltaic module prices shows the latest costs of solar panels across Europe. In August, high-efficiency modules dropped to €0. 12 per watt, marking an all-time low for the sector. China: The Chinese Module Marker (CMM), the OPIS benchmark assessment for TOPCon 600 W modules from China, rose 1. 087/W Free-On-Board (FOB) China. . Our deep supplier relationships, relevancy, and scale enable us to aggregate pricing, availability, and product and manufacturer data from across the market into a one-of-a-kind tool for solar module and energy storage buyers.
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