PV module prices are forecast to rise after Beijing announced plans to abolish the nine percent export VAT rebate from 1 April, as manufacturers seek to offset sustained losses estimated at €1.5 billion in the first half of 2025. Stelios Psomas, energy adviser at SEF/HELAPCO, the Hellenic Association of Photovoltaic Companies, wrote in Energypress that persistent negative margins have compelled producers to raise prices to stabilise their finances. Market sources describe the increases as moderate and broadly aligned with current market conditions.
After the spike – why solar and battery prices will cool again
Manufacturers have already begun incorporating post-April costs into their pricing, alongside modest increases in raw materials such as silicon and steel. Spot prices are expected to remain relatively stable in 2026, albeit at slightly higher levels than in 2025, following an estimated eight percent rise since the start of the year. A TOPCon module shipped from China to Piraeus, currently priced at around €0.10 per watt, is likely to reach €0.12–0.13 in the coming months, an increase of roughly 25–30 percent, although this is not expected to deter investment plans.
January Battery Index highlights split trends in storage pricing
In the battery sector, competition and ongoing market expansion continue to underpin growth. Prices fell by 31 percent in 2025 but may now stabilise or edge up slightly amid raw material pressures and policy changes. Analysts anticipate a possible 1.5 percent increase from April and a further rise of around 4.5 percent in early 2027 as VAT rebates are phased out, while levels are expected to remain well below previous peaks. (Michalis Mastorakis/hcn)
This article was first published on the Greek energy news portal energypress.
