Solar prices have been in a sharp decline for several years now, due primarily to massive drops in PV module pricing, but a new report has shown that solar prices will only continue to fall as price reductions spread to inverters, trackers, and even labor costs. The new report was published by GTM Research this week, entitled U.S. PV System Pricing H2 2016: System Pricing, Breakdowns and Forecasts and investigates the solar system pricing stack across market segments and the impacts that pricing drops will have. Solar PV module prices have been dropping for some time, due primarily to a significant oversupply issue. Module prices will also continue to fall, having already fallen 33.8% since the first half of 2016, affecting overall solar system pricing, particularly in the utility-solar market, where solar modules account for a much larger slice of the bill — fixed-tilt utility-scale solar have seen prices dropped 17.4%, while single-axis tracking projects have seen their prices drop by 14.9%. The report also notes, however, that while solar module price drops have had a significant impact on utility-scale solar prices, “aggressive market entrants in the inverter and racking markets are also pushing prices down rapidly.”
Clean Technica 2nd Dec 2016 read more »
Household British business brands and companies such as Sainsbury’s, IKEA, and Kingfisher – which owns B&Q and Screwfix – have joined over 160 diverse groups calling on the Chancellor to drop the solar tax hike. The group, which includes two former directors of Big Six energy companies, as well as senior politicians, the Federation of Small Businesses, and senior executives from Scottish renewable energy companies have signed the letter today asking the Chancellor to stop the forthcoming rise in business rates for self-consumption solar power.
Scottish Energy News 5th Dec 2016 read more »