L R AS Published on Saturday 9 December 2023 - n° 469 - Categories:the prices
Further fall in prices in the PV sector
Weak demand for panels at the end of the year is causing prices to slip. Chinese mono PERC was valued at
0.123/W, down $0.003/W from one week to the next. TOPCon panel is worth $0.131/W, down $0.004/W.
However, prices on the market vary considerably: the major manufacturers offer a price of 1 RMB ($0.14)/W; others go as low as 0.72 RMB ($0.10)/W. This reflects a winter season with low activity and sluggish demand: Chinese manufacturers are trying to sell off their stocks before the end of their financial year. Some manufacturers are already closing their production units. This indicates that orders are thin. Others are operating at 50 or 60% of capacity.
It looks as though 2024 will be a difficult year with even lower prices, with prices recovering from 2025 onwards.
PV Magazine, 8 December 2023
Editor's note There is a need to absorb excess production capacity, both silicon and panels, while new capacity is being built. The low price of panels also needs to encourage developers to build new large-scale power plants, which will take several half-years.
