Real shot of China s solar cell prices

What's going on with solar cell prices in China?

In 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 prices in China fell to their lowest values ever according to OPIS data.

Why did China cut cell production rates in July?

Meanwhile, cell manufacturers continue to cut production rates in a bid to restore market supply and demand balance. China’s cell production in July was expected to reach 49-51 GW, down from 53 GW in June, according to the Silicon Industry of China Nonferrous Metals Industry Association.

How big is China's cell production in July?

China’s cell production in July was expected to reach 49-51 GW, down from 53 GW in June, according to the Silicon Industry of China Nonferrous Metals Industry Association.

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.

Will China's crowded solar power sector keep global prices low?

Consolidation in China's crowded solar power sector is pushing smaller players out of the market, but excess production capacity - with more on the way - threatens to keep global prices low for years.

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.