PVinsights: panel price downtrend ceased temporarily due to the EUR and RMB appreciation against USD

Overall module price is still under certain degree of pressure. Since EUR appreciated against USD by almost 4% to 1.09 this week from 1.05, it led to a relatively improved module price in Europe.

Overall module price is still under certain degree of pressure. Yet, EUR appreciated against USD by almost 4% to 1.09 this week from 1.05, it led to a relatively improved module price in Europe. Chinese module suppliers gradually used the third-party OEM approach to export their modules to the EU with a lower price than the minimum price. In the US, the price pressure is enlarged; in order to enhance the project returns, some solar system developers tend to negotiate a lower price with module suppliers. In China, the dim demand continued to get the quotes down. To sum up, the module price stabilize mainly due to the appreciation of EUR and RMB against USD.

The solar cell price downtrend is continuously induced by the global decreasing demand this week. Even though some major cell producers try to stabilize the price by sacrificing their utilization of production capacities, some 2nd-tier players did not aim to the same targets. They carried on the price competition even further to secure the residual orders, and that influenced the average cell price to go lower this week.
The inventory pressure overwhelmed some major wafer suppliers and made wafer price drop further this week. To deal with the increasing inventory, Chinese 1st-tier multi-crystalline wafer suppliers had the price correction to gain the orders from their clients. Affected by their possible production utilization rate cut, solar cell players were conservative to their wafer procurement activities. With the diminishing demand, solar wafer makers had to adjust their price down to stimulate the demand. Some Chinese 1st-tier mono-crystalline wafer producers shifted their shipment pressure by expanding their PV cell OEM orders to consume their own mono wafers. Solar mono price competition remained fiercely among 2nd and 3rd-tier mono-crystalline wafer producers. Because the mono-crystalline wafer demand is yet to recover, the price is continuously decreasing this week.
Influenced by the appreciation of EUR against USD, the price of poly-silicon from European player is stable this week, but others in Korea, Japan, and China are still adjusting their prices down further. In addition, due to the downstream wafer producers in China cut the wafer price down, so they tried to balance out the squeezed margin to poly-silicon producers. As a result, the price of poly-silicon is still bearish this week.

Featured Product

TRA SNOW AND SUN - SOLAR TILE MOUNT

TRA SNOW AND SUN - SOLAR TILE MOUNT

You haven't installed a tile mount that is easier to install than the Solar Tile Mount manufactured by TRA Snow and Sun. Solar Tile Mount is used on all tile roof profiles: flat, mid, and high. It is made in the USA of aluminum alloy for strength and excellent corrosion resistance. Solar Tile Mount is built to allow more ease in installation with more rise from the tile surface to the rail for better air flow below panels. The adjustable base is longer than most allowing attachment 6" to the left or right to have the bracket in the base of the pan of the tile and still fasten to the rafter. Solar Tile Mount is adjustable for counter batten systems from ¾" to 3". The horizontal rail is directly above base fasteners giving greater uplift resistance than any other system. For superior waterproofing apply TRA Snow and Sun's butyl backed VersaFlash aluminum flashing. No tile flashing is needed on top of the tile for greater labor and material cost savings.