Module price surge wrongfoots Chinese solar firms
Solar module prices up 28pc this year on the back of soaring feedstock costs, conference delegates say
A surge in solar module prices in China this year caught domestic manufacturers by surprise, and there is uncertainty over whether costs will fall next year, industry executives said at a conference this week. Spot prices for modules—multiple units of which make up solar panels—have jumped by 28pc this year on the back of higher feedstock costs. The cost of polysilicon, an ultra-refined form of silicon that is a key ingredient in most modules, has quadrupled while there has been cost inflation for other inputs such as steel, aluminium, copper, silver and glass. “We did not expect that module prices would exceed RMB2/W ($0.314/W). That is big pressure for end-users,” said Gao Jifan, chairman
Also in this section
23 April 2024
Europe must unlock cross-border CO₂ trade if it wants to build a viable CCS sector for the long term
16 April 2024
US and European oil majors snap up smaller players and look to accelerate development in a region deemed to possess all the key elements for successful CCUS deployment
15 April 2024
Demand for credits seen rising 20% this year despite issues around integrity and standardisation
11 April 2024
Volatile allowance prices and small size of voluntary market undermine ability to drive investment, says Oxford Institute for Energy Studies