S&P Global Commodity Insights Launches World's First Independent Daily Solar Module Panel Price Assessments for Asia, US, Europe and a Global Marker - WV News
S&P Global Commodity Insights Launches World's First Independent Daily Solar Module Panel Price Assessments for Asia, US, Europe and a Global Marker | Economic News Trends And Analysis | wvnews.com
Aids Transparency in Technology Pricing as Solar Modules Become Increasingly Commoditized
SINGAPORE and NEW YORK and LONDON, July 17, 2024 /PRNewswire/ -- Platts, part of S&P Global Commodity Insights, the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, battery metals and energy transition markets, has launched the world's first independent daily, spot market solar photovoltaic (PV) panel price assessments for US, Europe and Asia. In addition to six individual Platts Solar Module prices, Platts will also publish the Platts Global Solar Module Marker, which is a daily average of the six individual assessments, and which will provide a global perspective of solar panel prices.
Related Knowledge Center: ENERGY BASICS: solar
Declining costs and government encouragement have resulted in a rapid increase in solar energy production in the United States over the past 10 years, although solar’s share remains small: 1.6 percent of all electricity generation in 2018. That rapid growth is projected to continue.