Tuesday, June 25, 2024

German PV system costs down by over 4% since November – pv journal International

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The Selfmade Energy on-line platform says that costs for PV programs and battery storage programs fell by greater than 4% between November 2023 and March 2024. In March, for instance, the 6 kW PV system with out batteries offered between €1.66 ($1.79)/ W and €2.10/W.

From pv journal Germany

The report exhibits that indicative supply costs for PV programs and battery storage programs fell by greater than 4% between November 2023 and March 2024.

The platform says that costs for PV programs have been fixed since January. For battery storage programs, the provided costs rose barely between December 2023 and February 2024, earlier than falling to round 5 proportion factors in March 2024.

Selfmade Energy data a value discount throughout Germany. However, the severity of the value discount varies from area to area. The east-west divide will be seen. The lower was best in Saxony, Saxony-Anhalt and Thuringia, and least in Rheinhessen, Saarland, Berlin-Brandenburg and Mecklenburg-Western Pomerania.

Especially for small PV programs with 6 kW output with out battery storage, the vary of costs provided is large. In March, they have been between €1.66/W and €2.10/W, for a selection of 30%.

On common, the programs price €1.99/W. For programs with an output of 8.5 kW, the vary is €1.53/W and €1.83/W, with a mean of €1.70/W. For a ten kW system, the most affordable supply is €1.32/W and the costliest is €1.66/W, with the common being €1.57/W.

Tim Rosengart, founder and managing director of Selfmade Energy, says that the discount in module costs.

“The value improve additionally exhibits that buyers are reluctant to purchase as a result of they’re hoping for additional value reductions,” Rosengart mentioned.

Selfmade Energy plans to publish its photo voltaic report quarterly sooner or later. The core parts are a photo voltaic value index (SPINX) and a battery storage index (BSI).

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