According to current designs, SHJ modules cost 0. Note: The heterojunction solar cell prices may vary due to market fluctuations, brand differences and regional factors. The module price for TOPCon technology has remained steady at US$0. Image: Raphael Cruz via Unsplash. 9% between November 2024 and February 2025, according to a report from solar and storage software. Heterojunction (HJT) module prices in the US decreased by 2. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. 34 billion in 2024 and is projected to reach US$ 5. TOPCon Technology Dominance: TOPCon modules have. The adoption of heterojunction (HJT) solar modules is surging in key markets due to three interrelated factors: superior efficiency in energy generation, compatibility with extreme climates, and alignment with decarbonization policies mandating high-performance renewable solutions.
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Average prices dropped from $0. 25/W in early 2023 to a low of $0. This reflects the broader market trend of price normalization after a period of rapid decline. Every month we publish a current price index on the development of wholesale prices of solar modules. In doing so, we differentiate between the main technologies available on the market. Data source: IRENA (2025); Nemet (2009); Farmer and Lafond (2016) – Learn more about this data Note: Costs are expressed in constant 2024 US$ per watt. Global estimates are used before 2010; European market. 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. BC module prices in China will be added. The updated guide to photovoltaic module prices shows the latest costs of solar panels across Europe. What’s stopping sunny South Africa’s solar industry? Court case sheds light on the wider problem Definition of Mono Grade: Polysilicon chunks or Chip Polysiliocn with purity can be. Price Stabilization After Volatility: Solar module prices have stabilized in 2025 with global wholesale prices ranging from $0.
