Integrated solar power supply core price and China

Will China's crowded solar power sector keep global prices low?

Consolidation in China's crowded solar power sector is pushing smaller players out of the market, but excess production capacity - with more on the way - threatens to keep global prices low for years.

How much does a solar PV supply chain cost?

The median cost of solar PV supply chains exclusively in regions outside China and Southeast Asia is 27% higher than those exclusively in China or Southeast Asia: $0.53/W versus $0.42/W.

What is China's production capacity for solar modules?

At the end of 2023, China's annual production capacity for finished solar modules was 861 gigawatts (GW) equivalent according to China Photovoltaic Industry Association data, more than double global module installations of 390 GW.

Which solar module manufacturers have integrated cell and wafer supply chains?

The top four module manufacturers, Jinko Solar, Trina Solar , Longi and JA Solar, all have integrated cell and wafer supply chains. Transition to more efficient N-type modules gives an advantage to higher tech manufacturers.

Is China's solar PV potential priced lower than coal-fired energy?

According to our results, approximately 78.6 % and 99.9 % of China's technical solar PV potential are priced lower than the benchmark price of coal-fired energy in pessimistic and optimistic scenario.

Why do Chinese companies invest in solar panels?

The Chinese companies supply around 200 countries’ needs of solar PVs, besides their domestic demand. Furthermore, to level up the competition, China invests in South Asian neighboring countries’ solar projects. Investments in Vietnam, Malaysia, and other countries, made them worthy opponents able to supply the rest of the world as well.