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JinkoSolar CTO Predicts Solar Module Prices to Fall Another 50% in Five Years

JinkoSolar Chief Technology Officer Jin Hao said on October 17 at the company’s 2026 Global Technology Day that solar module prices, which have dropped more than 95% over the past 20 years, are expected to fall a further 50% in the next five years. He said traditional cost-reduction paths are nearing an end, with future cuts driven by technological innovation, base-metal applications and AI-enabled smart cost reduction.

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AI take

A module-price halving forecast from a top manufacturer's CTO matters less as a prediction than as a signal of where the industry expects its next cost curve to come from. The shift from traditional cost-cutting to base-metal substitution and AI-driven optimization implies margin pressure will persist across the supply chain rather than ease. That affects upstream material suppliers and equipment makers as much as module assemblers. Whether base-metal applications move from roadmap to commercial scale is the open question, and it is the claim worth tracking against actual shipments.

Generated by AI for reference only.

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