2025 Europe PV system pricing Report | Wood Mackenzie
The report provides an overview of solar demand across Europe and dives into drivers and challenges for cost reduction. With this update, clients can get ten-year forecast
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.
Low-Cost Modules: Average price of €0.065/Wp, a 7.1% decrease from September and 27.8% from January 2024. These trends are exerting mounting pressure on the photovoltaic sector. “Things are not going well for the PV industry right now,” Schachinger notes.
Article from December 12, 2024, updated on October 7, 2025 Updated photovoltaic module prices 2025: in August, high-efficiency solar panels fell to an average of €0.12/Wp in Europe.
„As we step into 2025, the European solar market is poised for further growth. Regulatory support for renewables, alongside continued price competitiveness, sets the stage for another transformative year.
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