GTM Research - Chinese solar-panel prices rising 20% in the U.S.

The price of Chinese-made solar panels delivered to the U.S. could increase by up to 20% by the end of the year, GTM Research said Thursday.

The increase is due to supply constraints, rising input costs, and the ongoing trade dispute between the two countries, the Boston-based green-energy consultancy said in a report. 

Chinese-made modules are significantly cheaper than those made in other areas, and GTM Research estimated they were 55% of total modules shipped to the U.S. last year. 

Chinese firms are quoting modules at 80 cents to 85 cents per watt for delivery in the second half of the year, compared to 70 cents per watt at the end of 2013, the report said. 

The ongoing U.S.-China trade case is the "primary driver" behind the price increase, the report said. 

More duties on Chinese and Taiwanese solar modules would push up U.S. pricing beyond current levels, as the firms would pass on tariff-induced penalties onto customers or contract out cell and module production to vendors based in higher-cost countries such as India, South Korea, and Malaysia, GTM Research said. 

Comments (0)

This post does not have any comments. Be the first to leave a comment below.


Post A Comment

You must be logged in before you can post a comment. Login now.

Featured Product

Seaward PV210 Solar Installation Test Kit

Seaward PV210 Solar Installation Test Kit

The Seaward Solar PV210 PV installation tester provides a highly efficient and effective test and diagnostic solution for PV systems, carrying out all commissioning tests required by IEC 62446 and performing fast and accurate measurement of I-V curves in accordance with IEC 61829. With direct connection to individual PV modules or strings using the supplied lead sets, tests can be conducted easily and within a matter of seconds at the press of a single button.