Price competition among Chinese manufacturers saw solar module prices hit lows of USD 0.07-0.09 (EUR 0.06-0.08) per watt in 2024 and early 2025.
Specifically, in August 2025, the Price Index showed: about €0.055/Wp for low-cost photovoltaic modules, unchanged from July prices. “Manufacturers are moving quickly to end the devastating price war. The Chinese government is gradually phasing out tax incentives and subsidized solar module exports.
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.
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.
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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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