JinkoSolar CTO Jin Hao: PV Module Prices Expected to Fall Another 50% Over the Next Five Years

On October 17, at JinkoSolar's 2026 Global Technology Day, JinkoSolar Chief Technology Officer Jin Hao said that photovoltaic module prices have fallen by a cumulative more than 95% over the past 20 years and are expected to drop another 50% over the next five years. He noted that traditional cost-reduction pathways are nearing their end, and that future cost reductions will be driven mainly by technological innovation, the use of base metals, and AI-enabled intelligent cost reduction. (Jiemian)