High-Efficiency Photovoltaic Modules: Average price of €0.13/Wp, down 7.1% compared to October 2024. Mainstream Photovoltaic Panels: Average price of €0.10/Wp, down 9.1% month-on-month. Low-Cost Photovoltaic Modules: Average price of €0.060/Wp, a decrease of 7.7% compared to the previous month.
Specifically, in August 2025, the Price Index showed: about €0.055/Wp for low-cost photovoltaic modules, unchanged from July prices. “Manufacturers are moving quickly to end the devastating price war. The Chinese government is gradually phasing out tax incentives and subsidized solar module exports.
The updated guide to photovoltaic module prices shows the latest costs of solar panels across Europe. In August, high-efficiency modules dropped to €0.12 per watt, marking an all-time low for the sector. Prices for photovoltaic modules in 2024 continue to fall.
However, as the primary cost component of photovoltaic modules, the price of solar cells plays a decisive role in module pricing. Due to the oversupply of polysilicon in earlier periods, prices have been under sustained pressure since 2023, even falling below cost levels in the first half of 2024.
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