Solar module prices in 2025 have stabilized after years of dramatic fluctuations, with global wholesale prices ranging from $0. 28 per watt depending on technology, origin, and regional market conditions. Updated guide to photovoltaic module prices shows current solar panel costs in Europe. High-efficiency modules have climbed to €0. 115/Wp and are expected to rise further. Since 2009, pvXchange has provided a unique price index for the european market, which has become an invaluable. Weekly spot price report for 182mm modules will be based on the 182*182-210mm format from June 2024 onwards due to the slim price gap among varying formats. Prices for Chinese project will be prices for TOPCon modules instead of PERC from April 2024 onwards. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. Global estimates are used before 2010; European market. With declining cell prices undermining upstream cost support, module production costs have fallen accordingly.
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