Zhanyu photovoltaic panel price

Why are China's solar panels so expensive?

China accounts for 80% of solar module production capacity after years of subsidies, driving oversupply that has triggered a collapse in global prices and provoked import duties from trading partners to stave off being swamped by low-cost equipment.

What is China's production capacity for solar modules?

At the end of 2023, China's annual production capacity for finished solar modules was 861 gigawatts (GW) equivalent according to China Photovoltaic Industry Association data, more than double global module installations of 390 GW.

Which solar module manufacturers have integrated cell and wafer supply chains?

The top four module manufacturers, Jinko Solar, Trina Solar (688599.SS), Longi and JA Solar, all have integrated cell and wafer supply chains. Transition to more efficient N-type modules gives an advantage to higher tech manufacturers.

Will China module prices fall?

Buyers will wait as long as their project allows them to do so, explained one veteran market observer, adding that he did not expect falling module prices to level off. OPIS expects significant price volatility ahead as buyers and sellers alike adopt a wait-and-see approach to the China module market’s direction.

Why are polysilicon prices so high in Sichuan?

High temperatures in Sichuan caused temporary power restrictions, reducing polysilicon output. This will affect Polysilicon prices in dollar terms are prices for polysilicon with non-China origins in dollar terms, not translated from RMB prices. The high prices for M10 PERC and TOPCon cells is based mostly on those of Southeast Asian origins.