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The Surge of Installations Approaching End – Price Turning Point in the Photovoltaic Industry (April 3, 2025) On April 3, Jibang New Energy released the latest pricing information for the photovoltaic industry chain. The mainstream transaction price for n-type polysilicon this week was 41 yuan/kg, while the mainstream transaction price for n-type dense material was 40 yuan/kg; the mainstream transaction price for n-type granular silicon was 38 yuan/kg.
About 1.8 Billion Investment! – A bidding process for the exclusive operation of a construction waste resource utilization project in the urban area of Yichang City (Jiangbei District) was recently announced. The project includes the construction of new factory buildings and public building rooftops with a total area of 13,100 m². Depending on the situation, photovoltaic modules are expected to be installed on the rooftops of these new buildings, with an anticipated installation area of 6,900 m² and a total power of approximately 1,518 kWp, which is expected to self-consume 1.2704 million kWh.
Brazil Surpasses 55GW of Installed Photovoltaic Capacity – More than 70% of this capacity comes from distributed sources! Ronald Koloszuk, president of ABSolar, pointed out that declining photovoltaic module prices benefit the Brazilian market, but the influx of low-priced modules from Chinese companies may pose challenges for local manufacturers.
Tongwei Wins Bid for Guohua Investment’s First Batch of Photovoltaic Module Procurement Orders in 2025 – On March 21, the results of the public tender for Guohua Investment’s first batch of photovoltaic module equipment were announced, with Tongwei Co., Ltd. winning the bid at a price of 40,978,119.879 yuan, equivalent to 0.699 yuan/W. This project will supply no less than 586.24 MWP of n-type monocrystalline bifacial double-glass 620Wp modules required for four photovoltaic projects. Supply will begin one month after the contract is signed, with all deliveries completed by December 31, 2025.
New Sub-Company Plans to Go Public in the United States! – Zhejiang Xinzi Optoelectronics, established in 2016 and focusing on R&D and production of encapsulation films for solar photovoltaic modules, plans for an IPO. Their main products include transparent EVA, white EVA, POE, and EPE, which play a crucial role in the durability and efficiency of solar panels.
Competition Heats Up in the Photovoltaic Market – In September of the same year, Konka partnered with Shengao Energy Technology to enter the distributed energy storage market, planning to establish production bases for 2GW of photovoltaic modules, 2GWh of energy storage products, and 1GW of inverters in various locations. However, as the photovoltaic industry faced a downturn in the second half of 2023, prices for modules plummeted from 2 yuan/W in 2022 to less than 0.7 yuan/W in 2024, putting significant pressure on companies.
Investment Institutions Believe Trade Wars Have Limited Impact on Battery Storage Pricing – According to analysts, “The solar industry may be affected by tariffs between the U.S. and China, which will reflect in the prices of raw materials and photovoltaic modules. However, we have not seen significant impacts on the supply of battery storage systems.” Investors typically plan their portfolios considering different technological developments to lock in prices or diversify potential supply chains.
Jinko’s Confidence After Twenty Years of Challenges! – Jin Junhui stated that the all-scenario series of photovoltaic modules represents Jinko’s commitment to reducing costs and enhancing long-term value creation. Notably, Jinko is not afraid of competition, launching solutions aimed at deeply restructuring photovoltaic applications.
Quality Control Concerns in the Industry – Companies like Trina Solar and Aiko have issued statements concerning quality issues related to module standards, warranty periods, and production processes. The photovoltaic industry is experiencing a rush for installations, leading to increased prices and significant demand.
Challenges in Developing Large Wind and Solar Bases – The recent decline in prices for wind turbines and photovoltaic modules has led to an increase in installed capacity in China’s western and northern regions. However, issues such as extreme weather can lead to damage of solar arrays and components, exacerbating energy consumption pressures.
New Pricing Policies Affecting the Photovoltaic Market – The latest online electricity pricing policies may influence demand for photovoltaic components, particularly during peak generation times when supply may exceed demand, leading to price fluctuations.
TCL Solar Innovates Across All Dimensions! – According to the China Photovoltaic Industry Association, the number of markets in China exporting over 1GW of photovoltaic modules is expected to increase from 29 in 2023 to 38 in 2024, showcasing the rapid growth of the distributed photovoltaic sector.
Offshore Photovoltaic Projects Face Cost Control Issues – The cost structure of offshore photovoltaic projects differs from traditional onshore projects. With falling prices, the cost proportion of modules has decreased from 40%-60% to a more manageable level.
Surge in the Renewable Energy Industry – Analysts predict that policy-driven demand will temporarily boost the need for photovoltaic products, especially from distributed stations, propelling module prices in the short term.
Lin Yang Energy: Empowering Full Value Chain Upgrades – As the domestic renewable energy market expands and the industry matures, innovations in technology and international strategies by manufacturers play a crucial role. The overall supply-demand situation in the battery storage sector is currently stable, but continuous capacity expansion may lead to an oversupply situation similar to that in solar and wind energy.
Rational Pricing After Document No. 136 – The pricing of photovoltaic and wind energy equipment has seen noticeable increases, providing a temporary boost to the previously struggling renewable equipment market.
Quality Control Measures Introduced – China Datang’s subsidiary has implemented a series of procurement standards for photovoltaic quality control, addressing standards, warranties, and production processes to ensure electrical safety in upcoming procurements.
France Holds Its Ninth Round of Rooftop Photovoltaic Tenders – Due to declining module prices, the average bid price in this round was €98.2/MWh, slightly lower than the previous round.
Safety Risks in Distributed Photovoltaic Projects – Concerns regarding crack issues, efficiency degradation, and safety hazards have been raised in the development of distributed photovoltaic installations in Yulin City, urging careful design and installation practices to avoid accidents.
Analysis of China’s Photovoltaic Trade Situation in 2024 – The export value of photovoltaic cells is expected to decline, while the volume increases, reflecting a challenging market landscape.
Academician Calls for Accelerated National Carbon Market Development – China has built the world’s largest renewable energy industry chain, contributing significantly to global photovoltaic and wind energy supply. The proposal emphasizes a well-regulated carbon market to incentivize green transformations.
Jinneng Wins Bid for 6GW Component Procurement – Results from a recent procurement project indicate a winning bid of 0.72 yuan/W for double-sided photovoltaic modules.
Price Declines Raise Questions on Re-registration – A recent inquiry regarding whether a project needs re-registration due to significant price drops in photovoltaic modules has been raised.
Intense Competition in the Energy Sector – With over 80% of the global photovoltaic market share, the industry faces challenges from carbon tariffs and trade barriers, pushing companies to lower prices to maintain competitiveness.
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