Global solar module shipments hit 703 GW in 2024

The new edition of the International Technology Roadmap for Photovoltaic (ITRPV), published this week, reports that average PV module prices last year dropped by 33% compared to the end of 2023. This week sees the publication of the annual ITRPV report, compiled by German engineering association VDMA. Now in its 16th edition, the report takes an in-depth at technology trends across the supply chain for silicon PV products. VDMA calculates PV module shipments in 2024 at 703 GW, with average prices having dropped by 33% compared to the end of 2023. The report also reveals that crystalline silicon ...

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