Prices for just about anything solar-related continue to tumble. Digitimes reports the average...

|By:, SA News Editor

Prices for just about anything solar-related continue to tumble. Digitimes reports the average price of cells with "mid-range" (16.2%-16.6%) efficiency has fallen to just $0.25-$0.30/watt - cell prices were around $0.48/watt at the beginning of Q3. Meanwhile, polysilicon contract prices have fallen to $17-$18/kg from $20/kg in Q3, putting it further below the variable cost of Western producers. The troubled industry received a piece of good news this week courtesy of the Indian government, which has set a goal of building 9GW of plants by 2017.