On 11 March 2025, the results of the China Datang Group's 2025-2026 PV module framework purchase tender were announced, with the spot price of n-type modules increasing from RMB0. 1/W), and some modules priced as high as RMB0.
How much does a PV module cost in China?
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.
How much will PV modules cost in 2025?
On 11 March 2025, the results of the China Datang Group's 2025-2026 PV module framework purchase tender were announced, with the spot price of n-type modules increasing from RMB0.7/W (US$0.097/W) to RMB0.73/W (US$0.1/W), and some modules priced as high as RMB0.75/W (US$0.11/W).
Will China's photovoltaic industry 'limit production and stabilize prices'?
The China Photovoltaic Industry Association (CPIA) reportedly proposed a campaign to “limit production and stabilize prices” recently, aimed at mitigating the effects of cutthroat price competition and market disorder.
If full-year installations align with the China Photovoltaic Industry Association's forecast of 215-255 GW, down from 277.2 GW in 2024, this could imply a year-on-year plunge of up to 85% in installations in June 2025 onwards, the analyst added. Reflecting the weaker outlook, the TOPCon module forward curve is in backwardation.
How much does a PERC module cost in China?
China: The Chinese Module Marker (CMM), the OPIS benchmark assessment for TOPCon modules from China maintained at $0.082/wp Free-On-Board (FOB) China, with indications between $0.078-0.086/wp. Similarly, FOB China Mono PERC module prices held steady at $0.082/wp with prices between $0.080-0.088/wp.
How much solar power has China added in 2025?
According to the latest data released by the National Energy Administration, China added 197.9 GW of new solar capacity in the first five months of 2025, more than double the 79.2 GW installed over the same period last year. The surge included a year-to-date record of 92.9 GW in May alone, nearly five times higher than May 2024.