For example, N-Type modules by REC listed for resale in May and July pushed up weighted average prices to $0.411 and $0.460 respectively. P-Type modules in September increased to $0.311 as modules by Sirius PV, Solar4America, and Panasonic were remarketed. The same price increase was present in P-Type Bifacials for the month of December.
However, prices on EnergyBin ranged from $0.140 (Vikram Solar) to $0.360 (QCells). These are prime examples of the fluctuations within of the secondary market with respect to pricing and availability. Such price fluctuations put pressure on wholesale sellers to do their research and practice transparency by listing prices online.
Photovoltaic cost data between 1975 and 2003 has been taken from Nemet (2009), between 2004 and 2009 from Farmer & Lafond (2016), and since 2010 from IRENA. Prices from Nemet (2009) and Farmer & Lafond (2016) have been converted to 2024 US$ using the US GDP deflator, to account for the effects of inflation.
Cell manufacturers quote the price they are selling to the Chinese market for, and panel manufacturers quote the price they are buying from Chinese cell manufacturers for. Since all prices are for cells produced and sold domestically they include 17% domestic VAT and are not subject to exchange rate fluctuations.
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