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Current Trends and Challenges in the Photovoltaic Industry: Insights from Recent Developments

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The photovoltaic industry is rapidly evolving, and North Star Solar Photovoltaic Network is here to keep you updated on the latest developments. For more information on the photovoltaic sector, please follow North Star Solar Photovoltaic Network.

As of April 3rd, the latest price report from TrendForce indicates that the mainstream transaction price for n-type silicon materials is currently 41 yuan/kg, while the mainstream transaction price for n-type dense materials is 40 yuan/kg. The price for n-type granular silicon stands at 38 yuan/kg.

On April 2nd, the U.S. government announced the upcoming implementation of “reciprocal tariffs,” introducing new variables for solar products in the U.S. market.

Additionally, the Guangdong Development and Reform Commission released its 2025 key construction project plan on April 1st. This plan includes 15 projects related to the photovoltaic industry chain, covering solar cells, photovoltaic modules, photovoltaic cells, photovoltaic films, and backboards.

On the same day, InfoLink reported a temporary increase in transaction prices due to a mismatch in supply and demand for silicon wafers following recent disasters. However, silicon material prices have remained stable with no significant changes reported.

As of April 2nd, the silicon industry association announced that the price of polysilicon has remained consistent. The transaction price range for n-type silicon materials is between 39,000-46,000 yuan/ton, with an average transaction price of 41,700 yuan/ton.

In another update, the price of 2.0mm coated photovoltaic glass has reached 13.5 yuan/m², while 3.2mm coated glass is priced at 22.5 yuan/m², showing a significant increase from the previous week.

Following a recent earthquake in Myanmar, an analysis indicates that although Myanmar is not a major hub for global photovoltaic manufacturing, the earthquake has created a ripple effect that has impacted the upstream crystal pulling segment of the industry.

On March 28th, the first high-efficiency solar cell from the Sichuan Shijin production base marked a significant milestone in the photovoltaic industry, demonstrating a breakthrough from non-existence to a fully operational facility.

In terms of pricing from March 19th to March 26th, the price for 2.0mm coated photovoltaic glass increased to 13.5 yuan/m², while the 3.2mm coated glass price rose to 22.5 yuan/m², reflecting a weekly growth of 7.14%.

Recent reports indicate that TCL Zhonghuan has solidified its position in the market with a significant share of the 210mm silicon wafer market, a critical component in the ongoing “size revolution” in the photovoltaic sector.

As the industry faces a downturn with a 254.52% year-on-year drop in profits for Jiasun New Energy, the focus has shifted to cost-cutting and efficiency. Jiasun has established seven intelligent photovoltaic glass production bases across eastern, central, northern, and southwestern China.

The China Electric Power Construction Group has completed the 220kV transmission project for the Qingdao Jimo offshore photovoltaic project, which is expected to positively influence both the energy sector and local fisheries by integrating these industries.

At the Solar & Storage Live Africa 2025 event in South Africa, Chint New Energy showcased innovative photovoltaic technology, drawing attention to the African renewable energy market.

On March 31st, the Huawei Smart Photovoltaic Design Forum was successfully held, marking its eleventh year. This forum serves as an essential platform for exchanging design ideas and technological advancements in the photovoltaic industry.

As of March 28th, the photovoltaic industry is experiencing a price surge due to a rush in installations driven by Chinese policies, with expectations of price increases in the second quarter of 2025.

Overall, the photovoltaic industry is navigating through a challenging landscape, with ongoing adjustments needed to cope with supply chain disruptions and market fluctuations.