[RE-wrenches] NY Times: 25% price reduction on PV

Wind-sun.com windsun at wind-sun.com
Wed Feb 4 08:20:40 PST 2009


You are correct - we are paying now about 10-20 cents more per watt than we 
did in 2005. So any real "drop" is questionable - more like another burst 
bubble. Our sales are about the same as last year, but we have seen a shift 
somewhat away from grid tie and more to off grid.

..................................................................................................
----- Original Message ----- 
From: "Peter Parrish" <peter.parrish at calsolareng.com>
To: "'RE-wrenches'" <re-wrenches at lists.re-wrenches.org>
Sent: Wednesday, February 04, 2009 8:51 AM
Subject: Re: [RE-wrenches] NY Times: 25% price reduction on PV


> -12%
>
> But let's remember what 6 months ago looked like. I personally know of 
> eight
> or so 1/2 to 1 MW projects in California that were going full bore to 
> finish
> before the ITC expired. The bubble in Spain, etc.
>
> Then the global economy tanked and the ITC was renewed. So two factors on
> the demand side of the equation have diminished.
>
> On the supply side, manufacturer's (until recently) have all been ramping 
> up
> production.
>
> But if I remember properly, today's module prices are not too different 
> from
> late 2005 early 2006. 




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