Wafer and cell manufacturer giants, Longi and Tongwei, have respectively raised their prices following polysilicon shortage caused by a series of explosion at polysilicon plants in Xinjiang.
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AI Customer ServiceIn a new weekly update for pv magazine, OPIS, a Dow Jones company, provides a quick look at the main price trends in the global PV industry. Solar cell FOB China prices have stayed unchanged, with not much real trading taking place as price negotiations for orders delivered in March are still ongoing.
Solar cell FOB China prices have stayed unchanged, with not much real trading taking place as price negotiations for orders delivered in March are still ongoing. Mono PERC M10 and G12 cell prices trended flat at $0.0482 per W and $0.0473/W, respectively, while TOPCon M10 cell prices remained constant at $0.0584/W week to week.
The prices of cells have decreased for the fourth week in a row, according to OPIS data. Due to the acute lack of downstream demand, cell makers have been engaged in a price war; they have to compete to cut prices in order to encourage demand and increase sales volume, according to a cell manufacturer.
Both are measured on logarithmic scales, and the trend follows a straight line. That means the fall in cost has been exponential. Costs have fallen by around 20% every time the global cumulative capacity doubles. Over four decades, solar power has transformed from one of the most expensive electricity sources to the cheapest in many countries.
On 27 December 2022, Tongwei Solar announced the latest cell prices on its website. 182mm and 210mm mono PERC cells were quoted at RMB1.07/W (US$0.157) and RMB1.06/W (US$0.156), respectively, 19.5% and 20.3% lower than those reported on 25 October. It has been reported that there are currently cells traded at RMB0.7 (US$0.103) per piece.
Image: PV Tech The pricing dynamics within the photovoltaic industry chain are witnessing a split, with noticeable drops in polysilicon and wafer prices. The dip in wafer prices, in particular, is becoming more pronounced. Conversely, there’s a rising trend in module prices month over month.
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