Price of photovoltaic monocrystalline silicon components

Mainstream Photovoltaic Panels: Average price of €0.10/Wp, down 9.1% month-on-month. Low-Cost Photovoltaic Modules: Average price of €0.060/Wp, a decrease of 7.7% compared to the previous month. These figures underscore the significant pressures in the photovoltaic market, as price reductions strain margins to unprecedented levels.

Mainstream Modules: Average price of €0.11/Wp, stable compared to September but 21.4% lower than January 2024. Low-Cost Modules: Average price of €0.065/Wp, a 7.1% decrease from September and 27.8% from January 2024. These trends are exerting mounting pressure on the photovoltaic sector.

Modules Prices this week: The mainstream concluded price for 182mm bifacial dual-glass TOPCon modules is RMB 0.67/W, and 210mm bifacial HJT modules at RMB 0.72/W. Supply-demand Dynamics: With September approaching, ground-mounted solar PV project procurement and stocking activities are gradually starting, increasing demand for solar modules.

Currently, non-Xinjiang polysilicon with traceability data generally carries a quoted premium of RMB 3–5/kg. Polysilicon prices in dollar terms are prices for polysilicon with non-China origins in dollar terms, not translated from RMB prices.

But let's take a closer look at the figures recorded in January 2025: Photovoltaic modules with monocrystalline or bifacial HJT cells, N-type/TOPCon or xBC (Back Contact) and their combinations, with efficiencies above 22.5%.

Chinese solar PV components manufacturer TCL Zhonghuan significantly adjusted its prices for monocrystalline silicon wafers on 9 July 2023, following the silicon wafer price reduction from PV conglomerate LONGi.