The solar photovoltaic system costs decline than expected

Solar photovoltaic (pv) net news: the well-known research institutions wood & middot; Mackenzie ( Wood Mackenzie) The latest research shows that, although COVID - had happened 19 pandemic, the United States of solar photovoltaic ( PV) System cost reduction speed is faster than expected, but the future of the industry will have to look for ways to decrease the cost of soft.

　　“ Due to project cycle short, China solar power network, so the residential projects are more easily affected by coronavirus. Although the large scale of C&I and utilities project carries the risk of the recent rise in price, but in these market segments, is expected to coronavirus wouldn't have made a significant impact on the total cost of 2020 system. ”

this year, the cost of using double module of the system ( It is not bound by 201 tariffs) Will cost about 1% lower than single PERC system. Research analyst at Molly Cox says, this is simply because a duty-free.

WoodMac pointed out that the engineering, procurement and construction ( EPC) Companies and developers will increasingly seek to cut the current high customer acquisition, licensing and inspection cost, the method of photovoltaic (pv) grid, because in the next decade, the hardware cost of decreasing speed will slow.

because the plan will investment tax credit in 2020 ( ITC) Reduced to 26% and is expected to all market segments will face pressure to further price declines, but the industry has been ready for this, so violent change price of system project did not happen.

Cox added: & other; As a result of photovoltaic industry in 2020 is affected by the coronavirus and destroy demand, we demand is expected before the end of the year, as well as the ITC before falling back again in 2021. ”

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