Price Trends

PV Price Trends


PV




PV Spot Price


Through detailed survey cross-survey of data from major suppliers and procurement parties, Green Energy Research is able to provide an accurate weekly report on spot prices of key PV components. Green Energy Research can also quickly produce a detailed market analysis for a VIP client, as its staff can refer to an enormous price database containing a long record of past contract transactions. Identifying price trends and giving long-term price forecasts have been an integral part of Green Energy Research’s market intelligence services.


Last Update 2024-12-11

Polysilicon (Per KG)
Item High Low Average Change
Mono Recharge Polysilicon (RMB) 38 35 37 0.0 %
Mono Dense Polysilicon (RMB) 36 33 35 0.0 %
N-Type Polysilicon (RMB) 40 37 40 0.0 %
Polysilicon Outside China (USD) 22.5 13.1 19.2 0.0 %

Last Update 2024-12-11

Wafer (Per Pcs.)
Item High Low Average Change
M10 Mono Wafer - 182mm/150μm (RMB) 1.15 1.05 1.1 0.0 %
M10 Mono Wafer - 182mm/150μm (USD) 0.146 0.133 0.139 0.0 %
G12 Mono Wafer - 210mm/150μm (RMB) 1.7 1.6 1.65 0.0 %
G12 Mono Wafer - 210mm/150μm (USD) 0.214 0.202 0.208 0.0 %
N-Type M10 Mono Wafer -182mm/130μm (RMB) 1.05 1.03 1.03 0.0 %
N-Type G12 Mono Wafer - 210mm/130μm (RMB) 1.4 1.38 1.38 -1.43 %
N-Type 210R Mono Wafer-182mm/130μm (RMB) 1.14 1.12 1.12 -1.75 %
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Last Update 2024-12-11

Cell (Per Watt)
Item High Low Average Change
M10 Mono PERC Cell (RMB) 0.28 0.26 0.27 0.0 %
M10 Mono PERC Cell (USD) 0.038 0.035 0.036 0.0 %
G12 Mono PERC Cell (RMB) 0.28 0.27 0.27 0.0 %
G12 Mono PERC Cell (USD) 0.039 0.036 0.036 0.0 %
M10 TOPCon Cell (RMB) 0.285 0.28 0.28 0.0 %
G12 TOPCon Cell (RMB) 0.285 0.28 0.28 0.0 %
G12R TOPCon Cell (RMB) 0.27 0.26 0.265 0.0 %

Last Update 2024-12-11

Module (Per Watt)
Item High Low Average Change
182mm facial Mono PERC Module (RMB) 0.71 0.68 0.69 0.0 %
210mm facial Mono PERC Module (RMB) 0.73 0.69 0.7 0.0 %
182mm Bifacial Mono PERC Module (RMB) 0.72 0.68 0.7 0.0 %
210mm Bifacial Mono PERC Module (RMB) 0.74 0.7 0.71 0.0 %
182mm TOPCon Module (RMB) 0.78 0.68 0.72 0.0 %
210mm HJT Module (RMB) 0.88 0.8 0.86 0.0 %

Last Update 2024-12-11

PV Glass
Item High Low Average Change
2.0mm Coating (RMB) 12.5 12 12 0.0 %
3.2mm Coating (RMB) 20.5 20 20 0.0 %

183N Solar PV Market Has Gained Support for now, with Price Increases Expected for Wafers, Cells, and Modules


Polysilicon

The mainstream concluded price for mono recharge polysilicon is RMB 37/KG, while mono dense polysilicon is priced at RMB 35/KG and N-type polysilicon is currently priced at RMB 41/KG.

Trading Situation: Due to significant production cuts in the wafer sector, ingot manufacturers have postponed purchasing plans to reduce on-hand inventory and increase the proportion of lower-cost materials. Smaller manufacturers are showing signs of adjusting their prices to maintain cash flow, but major manufacturers are still maintaining stable prices. Overall, transaction volume and purchasing frequency are low, indicating a contraction in the market as polysilicon manufacturers are struggling to reduce inventory.

Inventory Status: Inventory levels currently range between 290,000 to 310,000 tons, mostly held by the top four manufacturers. Smaller manufacturers have less inventory pressure due to capacity scale and previous pricing strategies.

Supply and Demand Dynamics: Polysilicon production remains excessive. Despite inventory pressures, rigid production costs are providing some support in maintaining the polysilicon prices, creating a more intense price competition and additional pressure on polysilicon prices.

Price Trend: Due to limited transactions and few low-price orders, the central price level remains stable this week.

Wafers

The mainstream concluded price for M10 P-type wafer is RMB 1.10/Pc, while G12 P-type wafer is priced at RMB 1.65/Pc. The mainstream concluded price for M10 N-type wafer is RMB 1.03/Pc and G12 N-type is RMB 1.43/Pc. The mainstream concluded price for N-type G12R wafers is RMB 1.18/Pc.

Supply and Demand Dynamics: The supply-demand balance for 183X N-type wafers has gradually improved as manufacturers have increased its production proportion. Improved downstream demand for 183mm N-type cells has accelerated inventory reduction for these wafers, creating a temporary support for wafer prices. However, long-term demand for 183 wafers is expected to shrink, requiring output adjustments among manufacturers to stabilize prices. In contrast, as ingot manufacturers rapidly change their demand, the supply of 210 (R) wafers has become more surplus. Therefore, the inventory pressure increases and the wafer price sees fluctuations this week.

Price Trend: While prices for 210 N-type and 210R wafers fluctuate slightly, the prices of other specifications remained stable.

Cells

The mainstream concluded price for M10 cell is RMB 0.270/W, while G12 cell is priced at RMB 0.270/W. The price of M10 mono TOPCon cell is RMB 0.270/W, while that of G12 mono TOPCon cell is RMB 0.280/W and that of G12R mono TOPCon cell is RMB 0.270/W.

Supply and Demand Dynamics: Strong market demand for 183N cells has improved the supply-demand balance and supported prices, with some manufacturers expecting price hikes. For 210RN cells, its supply has become more surplus because the many manufacturers began producing it since last week. Therefore, its inventory pressure increased slightly. Demand has improved for 210N cells due to phased delivery in bulk procurement projects, stabilizing prices in the short term.

Price Trend: Prices for all types of solar cells remained stable this week, with short-term supply and demand remaining balanced. However, 210RN cells may face more price pressure due to upstream price declines and rising inventory.

Modules

The mainstream concluded price for 182mm facial mono PERC module is RMB 0.69/W, 210mm facial mono PERC module is priced at RMB 0.70/W, 182mm bifacial glass PERC module at RMB 0.70/W, and 210mm bifacial glass PERC module at RMB 0.71/W. The mainstream concluded price for 182mm bifacial TOPCon modules is RMB 0.72/W, and 210mm bifacial HJT modules at RMB 0.86/W.

Supply and Demand Dynamics: At the year-end, some large-scale projects are still in the delivery phase. Demand for 183 modules increases temporarily this month. Module manufacturers remain cautious with production planning, prioritizing inventory clearance given the uncertainty in continuous demand and the coming winter. Some leading manufacturers are pushing for price increases, but this depends on whether contract prices reflect these increases. Additionally, recently returned overseas modules are flooding the market at lower prices, impacting prices for lower power modules.

Price Trend: Module prices remained stable across the board this week. Leading manufacturers priced bifacial M10-TOPCon modules between 0.65–0.70 RMB/W, while bifacial G12-HJT modules are priced around 0.65–0.80 RMB/W. Approaching the traditional low season, module manufacturers are likely to continue reducing production to maintain stable prices.

 


The price information provided by EnergyTrend is primarily a result of periodical survey of a pool of major manufacturers via telephone, questionnaires, and site visits. EnergyTrend cross-surveys major buyers and suppliers throughout the supply chain and strives to ensure all enclosed price information reflects actuality.

EnergyTrend takes a conservative attitude toward the enclosed price information. All surveyed manufacturers are to be kept anonymous and EnergyTrend will not respond to price enquiry about any individual manufacturer. All statistical numbers gathered are used to derive a particular price quote through weighted calculation.

With the historical contract price information in our database and capability of conducting fast and in-depth market analysis, EnergyTrend is equipped to provide both price trend and market intelligence to our valued members.

More Info:

High - The highest of the prices. Low - The lowest of the prices. Average - The average of all prices. Change= (X-Y) / Y x 100%. X= The Highest price of this item in this issue. Y= The Highest price of this item in the previous issue.

Starting January 2009- Weekly Spot Price (Monthly Price Quotation For Reference)
(Poly-Wafer-Solar Cell-PV Module-ASP)

Starting March 2010- Weekly Spot Price (Poly-Wafer-Solar Cell-PV Module-ASP)

Starting January 2011-Weekly Spot Price(Poly-Wafer-Solar Cell- PV Module- Thin Film Module- PV Inverter)

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