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module prices

Solar module prices in India ‘likely to remain subdued in the near term’

Vikram V, vice president and co-group head of corporate ratings at Indian investment information and credit rating agency ICRA Ltd, speaks to pv magazine about falling solar cell and module prices, the impact on Indian pv manufacturers, and the way forward.

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What PV installers expect in 2023

Solar module prices continued to fall in January, and there is no end in sight. The main drivers impacting prices are lower shipping rates from China and the further recovery of the euro-US dollar exchange rate. Martin Schachinger, of pvXchange, expects other effects, such as slowly falling energy costs or polysilicon and wafer prices – which are in freefall – to further strengthen the trend in the coming months.

The weekend read: Buyer power in a tight PV module market

Material shortages, trade restrictions, and shipping bottlenecks create challenges for PV module buyers, but the good news is that there are steps to take to ensure quality supply in a timely fashion. PVEL CEO Jenya Meydbray takes us through best practice for module buyers in the current market climate.

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Higher PV module prices may point to stable demand and more sustainable pricing trends

Sharply rising PV module prices were one of the most notable developments in global solar markets in 2021. And while it dampened PV installations, with some projects delayed or canceled, the higher prices may point to a future where robust and stable demand leads to more sustainable pricing trends.

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China’s path to 100 GW of solar

China is once again the focus of attention across the global solar PV industry. The country’s manufacturers have had a turbulent 2021, but domestic demand remains strong, particularly from the booming residential rooftop segment. Despite the supply challenges, China will likely reach 50 GW this year and possibly even 100 GW next year. Given the dynamic market and policy landscape, pv magazine publisher Eckhart K. Gouras recently caught up with long-time China solar expert Frank Haugwitz, the founder of the Asia Europe Clean Energy (Solar) Advisory (AECEA).

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PV module price index: The price spiral winds up

The title of Martin Schachinger’s October market commentary was “Module prices set to rocket back to 2019 levels.” This month, he writes that prices have already reached December 2018 levels and notes that there is no reversal in sight. Prices for all module technologies have once again risen by an average of 3 percentage points since last month.

Update: Jinko says it did not reduce PV panel prices in the last quarter

The company today told pv magazine it did not reduce any of its PV module prices in the July-to-September period.

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EU spot market module prices: Is there an alternative to ‘made in China’?

PV module prices are at a level we have not seen since last fall – a fact that is mainly down to very high transport costs for container shipments. This is an insight that was shared in this column last month. This month, we discuss whether and how bolstering local value creation through European cell and module production could lead to an end of dependence on Asia and break the upward cost spiral. But first, let’s have a look at the current price trends.

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EU spot market module prices: Declines witnessed

The sky is the limit. Fortunately, this expression does not apply to current prices for PV panels, which have recently declined, following a continuous rise since the beginning of the year. Whether this situation holds, or whether prices drop further in the coming months is hard to say at the moment, writes Martin Schachinger of pvXchange. Polysilicon prices and thus wafer and cell prices could be in for a slight decline. However, a decisive movement in module prices in general is unlikely before the fourth quarter.

EU spot market module prices: Is sustainable market development possible?

Module manufacturers have once again adjusted their prices upwards. This is already the third or fourth price increase in the last six months, and there is no end in sight, writes Martin Schachinger of pvXchange. But why is it so hard to achieve long-term, sustainable development in the global solar market, at least on the part of manufacturers? Few other industries are so turbulent, with constant swings between excess supply and bottlenecks, between price collapses and price rises – and always to the breaking point of the market. Yet again, planning security is out the window.

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