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ITRPV says solar module prices fell 50% in 2023

  • Admin
  • Jun 5, 2024
  • 1 min read

The annual ITRPV report by VDMA reveals record high module shipments of 502 GW in 2023. The report highlights the dominance of crystalline silicon PV technology and the shift towards n-type wafers. Bifacial solar cells are expected to hold a 90% market share, while efforts to reduce material consumption include thinner wafers and copper interconnections.


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