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Eurasian photovoltaic panel prices

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Photovoltaic Price Index

Every month we publish a current price index on the development of wholesale prices of solar modules. In doing so, we differentiate between the main technologies available on the market.

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PV modules now selling in Europe for €0.10/W to €0.115/W

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Solar Panel Prices Europe: 2025 Trends | We Group South

As of March 2025, residential solar panel prices in Europe range from €0.28/W to €0.45/W – that''s roughly 15% higher than 2023 averages. But wait, why are German buyers paying €0.32/W

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FAQs 3

How much does a photovoltaic panel cost?

Mainstream Photovoltaic Panels: Average price of €0.10/Wp, down 9.1% month-on-month. Low-Cost Photovoltaic Modules: Average price of €0.060/Wp, a decrease of 7.7% compared to the previous month. These figures underscore the significant pressures in the photovoltaic market, as price reductions strain margins to unprecedented levels.

How much does a photovoltaic module cost?

Mainstream Modules: Average price of €0.11/Wp, stable compared to September but 21.4% lower than January 2024. Low-Cost Modules: Average price of €0.065/Wp, a 7.1% decrease from September and 27.8% from January 2024. These trends are exerting mounting pressure on the photovoltaic sector.

Where did photovoltaic cost data come from?

Photovoltaic cost data between 1975 and 2003 has been taken from Nemet (2009), between 2004 and 2009 from Farmer & Lafond (2016), and since 2010 from IRENA. Prices from Nemet (2009) and Farmer & Lafond (2016) have been converted to 2024 US$ using the US GDP deflator, to account for the effects of inflation.

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