US module prices down 10.5 percent in 2021

The U.S. Energy Information Administration (EIA), which reports to the Department of Energy (DOE), has released its annual report on solar module sales. EIA counts 28.838 gigawatts (GW) of module capacity sold in its 2021 statistics. Nearly 95.8 percent (27.645 GW) of this consisted of domestic sales, while 4.2 percent (1.191 GW) were exports from U.S. manufacturers.
The total volume was sold for $9.814 billion, which corresponds to an average sales price of 34 cents per watt. This means that not only did sales volumes increase significantly by 32.5 percent compared with the previous year (21.771 GW), but at the same time average prices also fell by 10.5 percent despite strong demand and strained supply chains. In 2020, the EIA had determined 38 U.S. cents per watt.
In 2021, 83 percent (22.971 GW) of domestic solar module sales consisted of imports, of which nearly half (11.306 GW) came from China, Singapore, Taiwan and Vietnam, 3.218 GW from Malaysia and 4.987 GW from South Korea, Thailand and the United Arab Emirates.
© PHOTON

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