Spanish PV project developer Solaria Energía has purchased 435 MW of PV modules for the 700 MW Garoña photovoltaic complex, which it is building in Spain for €0.917/W. The company said it sourced the panels from an undisclosed top-tier manufacturer.
The company claimed the deal was the best purchase of PV modules in its history.
“This The price level represents an improvement of 2.15% compared to the last purchase in December 2023 and a reduction of 71% compared to 2022 prices,” the company said in a statement.
A spokesperson for Solarie told pv magazine that it concerns a purchase at origin, i.e. with Incoterm FOB (free on board). That means the seller is responsible for bringing the goods to the shipping port and loading them onto the ship for export.
“This implies at least €0.01 more per watt for transport, which is included in the incoterm Delivery Duty Paid (DDP),” said Asier Ukar, director of consultancy Kiwa PI Berlin in Spain. pv magazine.
Under the DDP Incoterm, the seller assumes all responsibilities and costs associated with the transportation of the goods. This includes import duties, taxes and other charges until the goods have been fully delivered to the destination agreed with the buyer.
Ukar said an unnamed developer also recently purchased 660W panels for a large-scale installation for €0.114/, including on-site delivery.
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