Chinese Tier-2 Modules Offered Below $1/W
Prices for crystalline-silicon (c-Si) solar photovoltaic (PV) modules fell below the $1/W mark in January 2012, and in some cases well below even that, marking the first time that global average prices have fallen below this milestone, according to IMS Research.
With the market now stuck in overcapacity and oversaturation with solar PV modules — so much so (some say tens of gigawatts) that Tier-1 producers and overstocks can fill demand all by themselves — Chinese Tier-2 suppliers have desperately kept up their pricing one-upsmanship to simply keep themselves in the game at the expense of rivals.
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Original Page: http://thinkprogress.org/romm/2012/02/23/430953/chinese-solar-module-prices-fall-below-1-a-watt/
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