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The Price of Solar - April 2016

Cost Benchmark Whitepaper

April 21, 2016  | Subscribers Only

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Solar costs are an intensely debated and analyzed issue. Cost data per company is not or only partially disclosed and makes cost benchmarking across regions a challenge. While cost data is diffi cult to access in many industries, it becomes even more difficult in solar where fast innovation cycles, productivity and competition change company data quarter by quarter. To determine current production costs from major solar module manufacturers in a standardized way, this study focuses on leading suppliers (Tier 1) by region, comparing China, other Asian countries, Europe and the U.S.. Albeit, there are some elements which will never be able to be truly benchmarked between various manufacturers, IHS intends to provide an independent view for discussions between global stakeholders.

IHS has been engaged by Solar Alliance for Europe (SAFE) to review PV manufacturing cost differences globally. Focus is on Tier 1 PV module suppliers, the leading regional and global manufacturers concerning production capacity and production output

Henning Wicht, PhD

Executive Director Consulting, IHS Markit

Dr. Henning Wicht is director of advisory research and consulting for technology at IHS Markit.

Sam Wilkinson

Associate Director, Solar & Energy Storage

Sam Wilkinson is a Associate Director for the Solar and Energy Storage Research group at IHS Markit.

Edurne Zoco, PhD

Research Director, Solar & Energy Storage

Edurne Zoco is Research Director of IHS Markit’s Energy Technology research team, leading the group’s research activities cross the solar, energy storage and smart utilities sectors.

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