TaiyangNews PV Price Index – 2025
Module products continued to maintain their prices in CW3. Solar glass varieties maintained their prices WoW in CW3, after seeing a sharp drop in the last week of CY2024.
This post is a summary of the PV solar cell glass price developments. The price developments of PV solar cell glass are expressed in US$ prices converted FX rates applicable at the time when the price was valid. PV solar cell glass price index developments are calculated from multiple separate sources of data to ensure statistical accuracy.
Based on our research, the global solar glass market is projected to touch USD 21.27 billion by 2032. What CAGR is the solar glass market expected to exhibit by 2032?
The impact is most evident in the residential segment, where the average system price increased 3% year-on-year to $3.36/Wdc in Q1 2025. Despite higher module prices, prices in the commercial and utility-scale segments decreased or remained flat year-over-year.
The commercial solar market reached its record first-quarter of installation capacity in Q1 2025. The segment added 486 MWdc, a 4% year-over-year increase. Installations declined by 28% compared to last quarter, reflecting the typical difference between the year-end Q4 rush and regular Q1 new capacity.
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