2024-04-01 13:11:57
This was shown by the market research conducted by the Lithuanian Energy Agency.
After surveying more than 30 companies selling solar modules and installing solar power plants, it was also determined that in March of this year, the average price of 1 kW solar modules was 24 percent. lower than in February, when the price of very similar solar modules reached 334 euros.
The price of 10 kW solar power plant modules is on average about 40 percent. all installation costs of the solar power plant.
Depending on the technical parameters of the module, the technology and type used, and the country of the manufacturer, the average price of cheaper, less efficient and shorter-lasting 10 kW modules can be around 2260 euros, and more expensive, more durable and more efficient – around 4260 euros.
The average cost of installation of cheaper 10 kW solar power plants can reach about 6 thousand. euros, more expensive power plants – about 8690 euros and more.
It is expected that solar module prices will continue to be pushed down by increased production capacity in 2024 – very rapidly growing supply will far outpace reduced demand.
The prices of solar modules should continue to decrease this year due to the accumulated production in suppliers’ warehouses.
By the end of this year, global solar module production capacity will double, and about 90 percent new production capacity will be built in China.
However, the heavily subsidized growth of solar module manufacturing capacity in China is preventing European Union manufacturers from remaining competitive on the global market.
The number of manufacturers is increasing
in 2023 there were about 89 thousand producing consumers in Lithuania. Last year, compared to 2022, they doubled.
Currently, according to ESO data, there are about 95.9 thousand producing users.
The municipalities of Vilnius and Kaunas districts lead the way in terms of the power of generating consumer solar power plants, with about 700 kW of power per thousand inhabitants.
The municipalities of Visaginas and Neringa have the lowest power of solar power plants per 1,000 inhabitants – an average of 57 kW.
2024-04-01 13:11:57