c-Si solar PV module prices fell 50% in 2012

SolarServer
NPD Solarbuzz reports that crystalline silicon (c-Si) solar photovoltaic (PV) average selling prices fell an average of 50% year-over-year in 2012, the steepest decline in four years of annual declines. (...) “Amongst other things, 2012 will be remembered as a particularly difficult year for producers of c-Si PV modules,” notes Barker. “Average sales prices (ASPs) declined at a fast pace during the year, despite frequent announcements from module suppliers that pricing was about to stabilize and then rebound.”(...) [According to Solarbuzz] c-Si PV module prices have fallen over 80% in the last four years. He notes that in 2013 overcapacity still exists, with a 30 GW end-market being supplied by a 45 GW manufacturing capacity.