China Solar Price Projections vs Actual Price Drops
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Greentech Media shared an interesting graph last week. It shows the analysts’ solar price decline projections compared to what actually happened. The chart, below, obviously shows that Chinese crystalline silicon solar module prices have dropped faster than anyone projected they would.
The key points here are that analysts are not fortune tellers, and prices were expected to drop the past few years but not nearly as much as they did.
Of course, some non-Chinese solar companies are claiming this is due to unfair and illegal Chinese subsidies and policies, whereas China is asserting the rapidly falling cost of silicon is due to unfair and illegal U.S. subsidies and policies (and it is the low cost of silicon that has driven down the price of their solar cells and modules).
Source: Greentech Media
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