PV Price Watch: China''s module prices reach RMB0.75/W
The Chinese PV industry has witnessed a wave of collective price hikes across the supply chain, from wafers, solar cells, to modules, with prices rising to varying degrees.
Prices for Chinese solar modules have reached record lows, according to the latest data from OPIS. The benchmark assessment for TOPCon modules from China has fallen to $0.100 per watt, a decline of $0.005 per watt compared to the previous week. Similarly, Mono PERC module prices have also dropped by $0.005 per watt, now standing at $0.090 per watt.
The current tradable indications for TOPCon modules are being reported at $0.10 per watt Free-on-Board (FOB) China. As the market struggles with low demand, these new record low prices highlight the ongoing challenges faced by Chinese solar module makers.
Taiwanese research institute EnergyTrend has reported that solar module prices in China are on a “consistent uptrend.” Its latest report said tunnel oxide passivated contact (TOPCon) module prices “rebounded sharply” and were widely quoted between CNY 0.70 ($0.097)/W and CNY 0.75/W, reinforcing “bullish” market sentiment.
On 11 March 2025, the results of the China Datang Group's 2025-2026 PV module framework purchase tender were announced, with the spot price of n-type modules increasing from RMB0.7/W (US$0.097/W) to RMB0.73/W (US$0.1/W), and some modules priced as high as RMB0.75/W (US$0.11/W).
PDF version includes complete article with source references.
Get specifications and technical data for our MW-scale energy storage and PV integration solutions.
45 Energy Innovation Park
London WC2H 8NA, United Kingdom
+44 20 7783 1966
Monday - Friday: 8:00 AM - 6:00 PM GMT