0.50

0.45

0.40

US 0.40

0.35

0.30

Europe 0.30

Solar module prices (US$/W)

0.25

China

0.26

India 0.22

0.20

-42%

0.15

China

0.15

0.10

0.05

0.00

Dec-22

Dec-23

1 Module type: M10 PERC. All prices are ex–works prices from the factory in the region in question.

   Source: Wood Mackenzie

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0.00

0.05

0.10

0.15

0.20

0.25

0.30

0.35

0.40

0.45

0.50

Dec-22

Dec-23

China

0.26

-42%

China

0.15

1 Module type: M10 PERC. All prices are ex–works prices from the factory in the region in question.

Solar module prices (US$/W)

US 0.40

Europe 0.30

India 0.22