As the global energy transition accelerates, the photovoltaic (PV) industry, as a key component of renewable energy, continues to attract significant attention for its promising development prospects. However, price fluctuations in the photovoltaic module market remain a critical factor influencing the industry’s growth.
However, as the primary cost component of photovoltaic modules, the price of solar cells plays a decisive role in module pricing. Due to the oversupply of polysilicon in earlier periods, prices have been under sustained pressure since 2023, even falling below cost levels in the first half of 2024.
According to price analysis firm InfoLink: “Since March, the spot price of n-type modules in China has soared from RMB0.7/W to RMB0.73/W. Quotes from leading manufacturers are approaching the RMB0.75/W mark.” The results of the China Datang Group’s 2025-2026 PV module framework. Image: Datang.
1. Cost Factors Driving Price Fluctuations The cost of photovoltaic modules is primarily composed of solar cells, glass, encapsulation film, and labor expenses.
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China''s latest tender results show the spot price of n-type modules increasing from RMB0.7/W to as much as RMB0.75/W.
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Learn MoreChina''s latest tender results show the spot price of n-type modules increasing from RMB0.7/W to as much as RMB0.75/W.
Learn MoreInfoLink Consulting provides weekly updates on PV spot prices, covering module price, cell price, wafer price, and polysilicon price. Learn about photovoltaic panel price trends …
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