Latest Market Alert | 9 May 2026
Executive Summary
The Financial Times reports that global solar module prices have risen after China moved to curb aggressive price competition among manufacturers. Prices reportedly increased from around 9 cents per watt in December 2025 to 11.4 cents per watt by mid-April 2026, with further rises possible.
Why It Matters
Solar had become a major deflationary force in energy infrastructure. Rising panel prices may affect project economics, procurement budgets and renewable deployment timelines.
UK Commercial Impact
UK developers, landowners and commercial energy users considering solar projects may face higher capital costs and revised payback assumptions.
Global Commercial Impact
Higher solar prices could slow some renewable projects while improving margins for manufacturers after a prolonged price war.
Our View
This is an important shift. The era of continuously cheaper solar may be pausing, and clients should reassess renewable project budgets accordingly.
Disclaimer
This Market Alert is provided by Invictus Risk Solutions LLP for general commercial risk awareness only. It does not constitute legal, financial, investment or insurance advice, nor should it be relied upon for decision-making purposes.
The information contained herein is based on publicly available sources, including Reuters, Bloomberg, Financial Times and market commentary at the time of writing. Forecasts and opinions are subject to change without notice.
Invictus Risk Solutions LLP accepts no liability for any direct or consequential loss arising from reliance on this information. Clients should seek appropriate professional advice tailored to their specific circumstances before making any commercial, financial or operational decisions.